What a strange time!
Everyone has been affected by COVID-19 in some way. Tahoe is still shut down as I write this, and El Dorado county begins to plan its reopening.
I wanted to take a few moments to highlight some of the Market Activity in the Multi-Family sector of Tahoe. As restrictions loosen, buyers continue to emerge. Within the past few weeks I’ve received more calls from prospective buyers than I have throughout the first few months of this year!
What’s on the market?
Currently there are 14 active MLS listings for 2-4 Unit properties, and two 5+ unit properties available. Tahoe Investment Properties currently offers one of those available properties, a tri-plex 3071 Oakland.
Although Days on Market has significantly increased, I believe this will change as new buyers flood the market and begin investing again.
I’ve also attached a Market Report below for a deeper dive into what’s available, and area statistics.
It’s a challenging time for everyone. Please call if we can assist in any way.