3546 Spruce Avenue, South Lake Tahoe, CA 96150

A 12 unit multi-family property 100% leased to a corporate credit tenant as a master lease for five (5) years with six (6) percent annual rental increases and two (2) one (1) year options. Lessee is responsible for utilities, maintenance, and management. The property is comprised a 10 unit multi-unit building and two (2) freestanding two (2) bedroom houses. The property has recently gone under a full remodel and in brand new condition with all new updated appliances.