10199 Donner Lake Rd

Truckee CA 96161

Multi-Family

Currently for sale - view listing

Overview

Donner Lake Six: six modern residences in three two-unit buildings, completed in 2024 to LEED Gold-equivalent standards and fully leased. Cedar and corrugated-metal exteriors sit among the pines, about a quarter mile from the Donner Lake shoreline and minutes from I-80, downtown Truckee and the region's ski resorts. Each of the three one-bedroom and three studio homes has its own entrance, a private balcony and an attached single-car garage. Inside: a full kitchen with stainless appliances, dishwasher and granite counters, a full bath with tub/shower, dedicated storage and washer/dryer hookups. Electric and water are metered separately by unit. The property operates under recorded deed restrictions that run in perpetuity: tenants must work 30+ hours per week within the TTUSD boundary, leases run six to twelve months, and total monthly housing cost is capped at 180% of Nevada County AMI for a two-person household. A stabilized, newly built workforce-housing asset with in-place local demand. Trailing-twelve-month NOI of $90,614 (Aug 2025 through Jul 2026, unaudited). Offering memorandum available to qualified buyers. Buyer to independently verify all information. Shown by appointment only, do not disturb tenants.

Features

Multi-Family

Property history for 10199 Donner Lake Rd

2022

Sold

$300,000

29 Dec 2022 by A. Sasha Spiegel, of Chase International - TC

2018

Sold

$95,000

02 Feb 2018 by Maureen Warmerdam, of Dickson Realty

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