Value-Add 11-Units

311 Old Mill Rd Crestline, CA

Status:

Sold

Close of Escrow: 05/06/2022

Total Number of Units: 11

Year Built: 1934

Sale Price: $600,000

Price per Unit: $54,545

Price per Square Foot: $105.39

CAP Rate: 7.50%

Unit Type

Cabin Units

1B1B (Caretaker Unit)

Triplex Units

No. of Units

7

1

3

Le Investment Group is pleased to represent 3110 Old Mill Road located in Crestline. This property was a vacant building that sold at approximately 7.50% ProForma CAP Rate.