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Hilltop Motel 6350 State Highway 193 11 Unit Apartment Building $2,081,430 CAD ($189,221 CAD/Unit) Georgetown, CA 95634
EXECUTIVE SUMMARY
Prime Investment Opportunity in Georgetown. Well-located income-producing apartment complex just minutes from downtown Georgetown. Situated on nearly one acre, the Kinglike Apartments offer approximately 5,250 sq. ft. of improvements featuring 11 units, each equipped with kitchenettes, microwaves, refrigerators, and wireless internet. The property includes a manager's suite, office space, recreation area, laundry room, storage room, and ample on-site parking, allowing for efficient operations and management flexibility. Conveniently located near local restaurants, parks, and shopping, with easy access to outdoor recreation. The property is approximately 30 minutes from area lakes via scenic Wentworth Springs Road and benefits from demand driven by tourism, outdoor activities, and longer-term occupancy. Strong in-place income with upside potential through operational efficiencies and future improvements (buyer to verify). Ideal for investors seeking an income property with both immediate cash flow and long-term growth potential.
PROPERTY FACTS
| Price | $2,081,430 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $189,221 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.00 AC |
| No. Units | 11 | Building Size | 5,250 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2022 |
| Zoning | CP | ||
| Price | $2,081,430 CAD |
| Price Per Unit | $189,221 CAD |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 5,250 SF |
| No. Stories | 2 |
| Year Built | 2022 |
| Zoning | CP |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Deck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 11 | $1,526 CAD | - |
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PROPERTY TAXES
| Parcel Number | 061-391-038-000 | Improvements Assessment | $318,933 CAD |
| Land Assessment | $106,304 CAD | Total Assessment | $425,238 CAD |
PROPERTY TAXES
Parcel Number
061-391-038-000
Land Assessment
$106,304 CAD
Improvements Assessment
$318,933 CAD
Total Assessment
$425,238 CAD
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Hilltop Motel | 6350 State Highway 193
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