$670,000
18093 Lasso Loop #A & Loop #B
Details
APN 051-200-016-001
Property Type Multifamily
Sub Type Apartment Building, Stock Cooperative
Square Footage 948
Units 2
Price per SqFt $374
Year Built 2025
Stories 1
Acreage 1.450
Zoning Residential
Parking Spaces 2 spaces
Parking per 1,000 SqFt 2.11
Ground Lease Yes
Ownership Stock Cooperative
Multifamily | 2 Units
Marketing description
Investment opportunity with community benefit! Earn a solid return while providing much-needed local housing. This new construction duplex in Penn Valley town center features two (2) 2BR/2BA units that will be sold individually, at cost and below market value to assure both affordability and profit. Larger Unit of the Duplex (Unit A). Developed by NevCo West Community Land Trust to provide workforce housing, rents are structured to remain aligned with middle income levels while yielding 5% in Year 1 and up to 7% by Year 10. Property is held under a 99-year renewable ground lease that preserves affordability while allowing resale of investor shares under favorable terms. Complete on-site property management, including tenant screening, maintenance, and bookkeeping is provided. Investors simply receive monthly income with no landlord duties. A turnkey, socially responsible investment with stable returns, zero management hassle, creating lasting community impact.
Investment opportunity with community benefit! Earn a solid return while providing much-needed local housing. This new construction duplex in Penn Valley town center features two 2BR/2BA units that will be sold individually, at cost and below market value to assure both affordability and profit. Smaller Unit of the Duplex (Unit B). Developed by NevCo West Community Land Trust to provide workforce housing, rents are structured to remain aligned with middle income levels while yielding 5% in Year 1 and up to 7% by Year 10. Property is held under a 99-year renewable ground lease that preserves affordability while allowing resale of investor shares under favorable terms. Complete on-site property management, including tenant screening, maintenance, and bookkeeping is provided. Investors simply receive monthly income with no landlord duties. A turnkey, socially responsible investment with stable returns, zero management hassle, creating lasting community impact
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Zoning
RA-PD PlannedResidential Agricultural Planned Development
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