Listed by Coldwell Banker Mendo Realty Ukiah
$2,200,000
649-671 Leslie St.
Details
APN 002-320-39-00, 40-00, 41-00 and 42-00
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 9,660
Net Rentable (SqFt) 9,660
Units 12
Cap Rate 5.29%
NOI $115,195
Occupancy 100%
Pro-Forma Cap Rate 5.24%
Pro-Forma NOI $115,195
Price per SqFt $228
Class B
Year Built 1965
Year Renovated 2024, 2025, 2026
Buildings 4
Stories 1
Acreage 0.830
Zoning R2 and R3
Parking Spaces 12 per unit
Investment Type Owner/User
12 units in 4 triplexes on 4 separate legal parcels offer terrific cash flow and stable tenant base
Marketing description
These well-maintained private garden apartments are twelve units in four triplexes on four separate legal parcels, and offer terrific cash flow with a very stable tenant base. Conveniently located in Central Ukiah close to shopping, schools and freeway access, each 2 bedroom, 1 bath 805+/- sq. ft. unit has a nice open feeling with eat-in kitchen, and individual fenced front or back yard. Carports at the front of the property offer covered parking with storage closet and additional quiet and privacy from street. Laundry rooms on site. Very clean complex with many recent upgrades. Ukiah is in the heart of Mendocino County Wine Country, just 2 hours north of the Golden Gate Bridge and 1 hour to the Sonoma County Airport.
Listing Contacts
Listed by Coldwell Banker Mendo Realty Ukiah
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,195.00
$9,599.58/mo
Valuation Metrics
0
DSCR
5.24%
Cap Rate
5.24%
ROI
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