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Bobby Kelley

bobbykelley@compass.com +1(650) 885-8383

$ 1,750,000

Est. payment | -/mo

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$ 1,750,000

Est. payment | -/mo

Save

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Donner Lake

MLS Listing ID 20262152

Style MOUNTAIN

Annual Tax Amount $13,723

Property Sub-Type Multi Family

Property Description

Donner Lake Six: six modern residences in three two-unit buildings, completed in 2024 to LEED Gold-equivalent standards and fully leased. Cedar and corrugated-metal exteriors sit among the pines, about a quarter mile from the Donner Lake shoreline and minutes from I-80, downtown Truckee and the region's ski resorts. Each of the three one-bedroom and three studio homes has its own entrance, a private balcony and an attached single-car garage. Inside: a full kitchen with stainless appliances, dishwasher and granite counters, a full bath with tub/shower, dedicated storage and washer/dryer hookups. Electric and water are metered separately by unit. The property operates under recorded deed restrictions that run in perpetuity: tenants must work 30+ hours per week within the TTUSD boundary, leases run six to twelve months, and total monthly housing cost is capped at 180% of Nevada County AMI for a two-person household. A stabilized, newly built workforce-housing asset with in-place local demand. Trailing-twelve-month NOI of $90,614 (Aug 2025 through Jul 2026, unaudited). Offering memorandum available to qualified buyers. Buyer to independently verify all information. Shown by appointment only, do not disturb tenants.

Location

State CA

Interior

Heating Natural Gas

Exterior

Utilities Available Natural Gas Available

Roof Type Composition,Metal

Topography Downslope

Building

Lot Description CONDO PROJECT, Sep Meters

Foundation Concrete Perimeter

Sewer Utility District

Water Utility District

Architectural Style MOUNTAIN

New Construction No

Others

Security Features Fire Alarm,Fire Sprinkler System

Acceptable Financing None

Listing Terms None

Special Listing Condition Standard

Listed by David L Gove Real Broker

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(650) 885-8383

bobbykelley@compass.com

891 Beach St, San Francisco, CA 94109, USA

10199 Donner Lake Road Truckee, CA 96161

Bobby Kelley

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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10199 Donner Lake Road