1031 Moss Road I 12 Unit Multifamily I Tourist Core South Lake Tahoe Listing Details & Market Data

South Lake Tahoe is a vibrant mountain community with a population of residents and visitors who love to hike, bike, SUP, swim, kayak, ski, and board. Lake Tahoe’s South Shore is in the midst of a revival — old motels are transforming into trendy lodgings, a growing craft brewery scene has emerged, new restaurants are on the rise, and hundreds of luxury condos are set to hit the market. Technology is attracting business owners and workers who are devoted to fostering a unique, active lifestyle revolving around the Sierra Nevada mountains and the largest alpine lake in North America — an unparalleled combination that has people calling South Lake Tahoe the outdoor capital of the world.NAI Tahoe Sierra is pleased to present the offering of a fully renovated and leased 12-unit apartment complex in the heart of South Lake Tahoe. Property was renovated in 2021 through 2022 and opened for leasing in 2022 which is now fully stabilized. This prime commercial real estate offering presents an excellent investment opportunity, boasting a strategic location and a blend of unit configurations to cater to diverse tenant needs. Situated at 1031 Moss Road, this property is located walking distance from Heavenly Village and Shops, Heavenly Ski Resort Gondola, Casinos, and Tahoe Blue Event Center. Residents can enjoy easy access to major employers, popular tourist attractions, entertainment venues, dining options, and outdoor recreational activities. The property consists of 5 two (2) -bedroom/ (1) one-bathroom units, 5 studios, and 2 one (1) -bedroom/one (1) -bathroom units. This property boasts a complete renovation, including a brand-new roof, upgraded electrical systems, modern plumbing, and enhanced parking surface.