Listed by Central Valley Property Advisors
$745,000
Crestview Apartments
Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 3,078
Units 7
Cap Rate 6.55%
NOI $48,803
Year Built 1957
Acreage 0.310
Zoning R3
Investment Type Stabilized
Multifamily | 7 Units | $106,429/unit
Marketing description
We are pleased to present this fully remodeled 7-unit apartment complex that presents a turnkey investment opportunity in a quiet, high-demand rental market. The property is comprised of four 1-bedroom/1-bath units and three studio units, generating over $76,000 in annual gross income. Both the exterior and interior of the building have undergone comprehensive renovations, significantly reducing anticipated maintenance costs for the next owner and ensuring long-term durability. With strong in-place cash flow, modern updates, and minimal capital improvement needs, this asset is well-positioned for stable returns and hassle-free ownership.
Investment highlights
Fully remodeled property exterior + interior. Stabilized asset ready for its you new owner.
Listing Contacts
Listed by Central Valley Property Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$48,803.00
$4,066.92/mo
Valuation Metrics
0
DSCR
6.55%
Cap Rate
6.55%
ROI
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