11700 Donner Pass Road, Truckee, California

$5,950,000

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1.36

Acres

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

MLS® # 20232016
Price $5,950,000
Acres 1.36
Year Built 1946
Type Commercial/industrial
Sub-Type Commercial
Status Active

Community Information

Address 11700 Donner Pass Road
Area Truckee Roll-7dn
Subdivision Truckee
City Truckee
County Nevada
State California
Zip Code 96161

Amenities

Parking Spaces 50

Interior

Stories ONE

Additional Information

Date Listed September 8th, 2023
Days on Market 93
Zoning HCD
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMountain Luxury Properties

Listing Map

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