About 11700 Donner Pass Road
Introducing a remarkable multi-family investment opportunity in the heart of Truckee, a thriving 25-unit mix of apartments and mobile/tiny homes. Recent renovations and NEW mobile homes were purchased between 2018 - 2022, including (12) - 2018 Cavco Park Model RVs with 550 square feet, (4) - 2017 Cavco "Park Model RVs" with 400 square feet, and (6) renovated apartment units. The remaining (3) are tenant-owned mobile homes. Truckee's high concentration of wealthy second homeowners has stressed our already historic low housing for local workers. Overwhelming demand for extremely limited inventory has driven much of Truckee’s workforce to live elsewhere. Simultaneously, Truckee's booming commercial core is a testament to its rapid growth and economic vitality. The town has become a magnet for both tourists and businesses alike. This property can be acquired as a value add, redevelopment, or employee housing investment.
Features of 11700 Donner Pass Road
|Address||11700 Donner Pass Road|
|Date Listed||September 8th, 2023|
|Days on Market||93|
|RE / Bank Owned||No|
|Office||Mountain Luxury Properties|