Property Listing No Longer Available for Sale

11879 Kemper Road, Unit 17

Auburn, CA

Office for Sale - $219,000 - 1,200 Sq. Ft. on 49299.44 acres


Property Info

CIMLS#708213
Location
  11879 Kemper Road, Unit 17
  Auburn CA 95603
UpdatedApril 24th, 2014
TypeOffice
Price$219,000
Building1,200 Sq. Ft.
Land49299.44 acres

Property Description

The offering consists of 4 contiguous professional office condominiums that may be either: 1) purchased and occupied together as one unit (the current configuration); or 2) purchased and used individually by up to four different owners (requires demising walls to be constructed). Units 14, 15, & 16 are +-1000 SF each and are priced at $179,000 each. Unit 17 is +-1200 SF and priced at $219,000. The discounted price for all units purchased as one is $659,000. Each unit benefits from annual cell tower lease income which covers the majority of the owner's association dues! SELLER WILL CARRY 90% INTEREST ONLY. These units occupy the prime location in the entire 17 unit complex at the front corner on the upper "grade-level accessible" floor, with the greatest window line and best views. The units are available for occupancy upon 30-days notice commencing June 1, 2014.

Location Description:

The City of Auburn, California, is the county seat of Placer County, one of the fastest growing counties in the State. Auburn is part of the Greater Sacramento Area and is located at the crossroads of Interstate 80 and Highway 49, only one-half hour from Sacramento and 1 hour from the Lake Tahoe region. The town is nestled in the Sierra Foothills at a comfortable 1,300 feet elevation - above the fog and below the snow. Auburn overlooks the beautiful American River Canyon which offers an abundance of outdoor recreational activities.

The property is conveniently located on the Grass Valley Highway (Hwy 49) corridor between I-80 and Bell Road. It lies only one block off Highway 49 in a serene setting, yet walking distance to restaurants, stores and various services.

Highlights:

>> Annual cell tower income to offset dues!

>> Best location in complex

>> Serene garden setting with outdoor seating.

>> Walking distance to restaurants, stores and services.

>> Central location one block off Grass Valley Highway 49

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Financials

Seller carry up to 90% LTV, interest only at 8% for qualified buyer.

Sales Info:

>> Commision split: 3.0%