- For Sale $1,500,000
- Property Type Other
- Lot Size 0.43 SF
- Additional Rent Contact for pricing
- Year Built 1875
- Year Renovated 2018
- Date Updated Dec 21, 2024
Colliers is pleased to present Ridgeview Manor, a 31-bed single room occupancy community and a 6-bedroom/3-bathroom single family home all located on one .46 Acre parcel. The subject property is in a nice residential neighborhood just a stone’s throw away from Downtown Placerville. Residents benefit from being walking distance and drivability to a vast amount of employment, shopping, and dining experiences. Being well located next to Highway 50 which is a major thoroughfare through El Dorado County. This unique asset gives the next investor the opportunity to acquire a 7.41% Cap rate on actuals which is nearly impossible to find in this sub market. A new owner will be able to further enhance the cash flow by increasing rents to market rate as units turnover while also increasing income through rent increases to capture the loss-to-lease gap on longer term tenants. Please call the brokers for more information.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
-
Walk Score ®
84/100 Very Walkable -
Bike Score ®
29/100 Somewhat Bikeable
- City Placerville, CA
- Zip Code 95667
- Market Sacramento
Points of Interest
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El Dorado Western Depot
4.04 miles
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Shingle Springs
8.04 miles
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Shell
0.11 miles
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76
0.81 miles
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Valero
1.10 miles
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Chevron
1.13 miles
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Speedway
1.28 miles
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Arco
1.60 miles
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EVgo
1.71 miles
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Safeway Fuel Station
2.27 miles
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Sinclair
2.37 miles
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7-Eleven
2.38 miles
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Missouri Flat Road Park And Ride
2.29 miles
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Greenstone Barn Parking
5.05 miles
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Camino Heights Park And Ride
5.06 miles
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Greenstone Road Park And Ride
5.07 miles
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Red Hawk Overflow Parking
6.07 miles
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Reservoir Parking
6.28 miles
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Shingle Springs Drive Park And Ride
6.89 miles
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Greenstone Lotus Entrance Parking
6.96 miles
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Cosumnes River Gorge Parking
7.46 miles
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Employee Parking
8.30 miles
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GlenMorey Country House Bed and Breakfast Inn
0.06 miles
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Historic Cary House Hotel
0.10 miles
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The Seasons | Bed & Breakfast
0.35 miles
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Gold Country Inn
1.18 miles
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National 9 Inn
1.61 miles
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Best Western
2.27 miles
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North Canyon Inn Bed & Breakfast
5.91 miles
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Bella Vista Bed & Breakfast Inc.
6.23 miles
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Coloma Cottages
6.57 miles
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The Villa Agave
7.27 miles
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Placerville Public House
0.08 miles
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Main Street Taphouse
0.08 miles
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The Original Mel's
0.11 miles
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Buttercup Pantry
0.12 miles
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Enchanted Forest Dining Experience
0.13 miles
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Cascada
0.14 miles
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Old Town Grill
0.17 miles
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Bricks Eats and Drinks
0.21 miles
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KFC
0.23 miles
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Round Table Pizza
0.25 miles
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Coon Hollow School
0.51 miles
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El Dorado High School
0.63 miles
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Sierra Elementary School
0.64 miles
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Edwin Markham Elementary School
0.80 miles
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Louisiana Schnell Elementary School
1.47 miles
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American River College Placerville Campus
1.53 miles
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Herbert C Green Middle School
2.02 miles
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El Dorado Adventist School
2.38 miles
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Placerville Christian School
2.46 miles
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Independence Continuation High School
2.61 miles
Frequently Asked Questions
The space currently listed for sale at 2980 Coloma Street | 31 Beds asks for $1,500,000.
2980 Coloma Street | 31 Beds totals 6,150 square feet.
2980 Coloma Street | 31 Beds was built in 1875.
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