14150 Church StreetGuerneville, CA 95446Sale Price: $1,400,000

Sycamore Court consists of 12 cottage apartments, and 13 trailer spaces located in the Russian River town of Guerneville, CA. Price just reduced April 2024. There are six 2 BD's, three 1 BD's and three studios. All apartments and trailer spaces are rented as of May 1, 2024. There is a landscaped common area with a BBQ and picnic tables. One of the buildings includes five storage spaces for additional rental income. The property includes 13 trailer spaces, with 12 currently rented. The tenants pay for their own water, gas and electric, some billed by the utility companies, and others sub-metered by the owner. The owner pays for garbage and sewer. The laundry room has hookups for 4 washing machines, and 3 dryers (machines not included). There are approximately 50 on-site parking spaces. Tenants have just a 6-minute walk to swim at Johnson's beach, or shop and dine in downtown Guerneville. Tenants enjoy nearby Armstrong Woods State Park, and many local wineries. The property is in a flood zone, and flood insurance is required. Located in desirable Sonoma County, this property provides an investor with terrific cash flow, and a stable tenant base.