396 Juniper Dr PARCEL 1, Mammoth Lakes, CA 93546

Unique Opportunity in Crowley Lake - 8 rental units, detached two car garage on more than 3.3 acres of land at the top of Juniper Drive in Crowley Lake. There is a main house and 7 studio & one-bedroom cabins with a quaint cabin charm. Pine wood walls, woodstoves, propane and overall, well maintained. This property has two creeks at the northern edge and southern edges of the property. There is a new private well (vs. creek water) and individual metering for the utilities (previously all on one meter). This property is great for the person that may want to live in the main house and rent out these cute little cabins. Ideal investment for retirement. Also great for a local business owner looking for local housing. All the cabins are currently rented at rates substantially under market rates. Two creeks run through the northern and southern edges of the property. Property is zoned SFR. Nightly rentals not permitted without approval of Mono County. The current use is legal non-conforming so additional units could not be built, but improvement work could be done to the existing units (per mono County). Property on Community sewer and part of community HOA. Actual gross rents are $85,200, renewable Gross rents are currently $91,164 per year and market rents are closer to $115,000 per year. Additional photos, unit measurements, general income and operating figures and more available.