2333 Eloise Avenue South Lake Tahoe, CA 96150

Truckee Creek Cottages is composed of 30 MH sites per HCD and 7 Apartments (Apt 4 has an office and a one-bedroom apartment). Two of the MH Sites are used for onsite storage for maintenance. There are 28 usable sites with 27 POH Cottages and one Tenant Owned Mobile Home (6C). The Community is built ...on 1.66 Acres with a site density of 21.08 sites per acre. There is one parking space per site with no guest parking on-site. There is an on-site laundry with 4 washers and 4 dryers. The laundry equipment is leased. Ten (10) of the residents are in month-to-month agreements. Twenty-three (23) of the Residents are on 6–12-month leases. The lease expiration dates are staggered throughout the year. The site-built housing units are as follows: 1) Four Studio Apartments with rental rates between $1,200 - $1,325. (Apt. 1, 3, 5, and 6 are all Studios) 2) One 1 bd/1 ba Apartment with a rental rate of $400. Employee Housing With $850 Rent Credit. 3) One 2 bd/1 ba Apartment with a rental rate of $1,300. (Apt. 2) 4) One 2 bd/1 ba Apartment with a rental rate of $2,500. (Apt. 7) 5) All Apartments are 100% Occupied and the owner occupies Apt. 1 and 7. The infrastructure components are as follows: 1) Electric: Sub-metered with direct burial copper coated with Romex. 2) Gas: There is no Natural Gas Continue reading