Owner has Beautifully maintained Blue Heron Gardens--continuously upgrading during his 25 years of operation. Each of the 25 Units have their own carport w plenty of additional parking. There are 5 buildings on 5 separate legal lots 3 Fourplexes, one 5 Unit, & one 8 Unit bldg. "Actual" cap rate of +-5.5 includes June 1, 2024 rent increases. An added "perk" (in addition to being a quality investment)is that it's in Lake County, CA--known to be an "outdoor paradise." For an investor from out of town, site visits would be something to look forward to! Across the street is the beautiful Clear Lake at over 68 square miles, it is CA's largest freshwater Lake. (Tahoe's larger but shared by NV). PICTURESQUE views, excellent restaurants, & plentiful parks & trails can be enjoyed along w camping, boating, skiing, swimming & kayaking. Known as "The Bass Capital of the West," famous fishing contests are held--93 remain this year (per CA Fish & Wildlife). Water birds are plentiful-- including egrets, swans, BLUE HERONS, & pelicans. Bordering Napa County, Lake County is known for vineyards too--w over 9,000 acres planted, & over 30 "world class wineries" to visit. Upper Lake is just 30 miles E of Ukiah, 75 N of Santa Rosa & Napa, and 125 N of San Fran & Sacramento