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Listed by: David Howarth (510) 822-1331 DRE #01360348 | The Pinza Group, Inc (510) 725-4775
$2,100,000
-- Bed
- -- Bath
--sqft
1901 Sonoma Blvd, Vallejo, CA 94590
$2,100,000
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Multi Family
Built in 1921
$-- HOA
6,500 sqft lot
--/sqft
Description
www.1901sonoma.com; 12-unit apartment complex with excellent current income offering a 8.41% current cap rate and a 8.4 current GRM. Seller financing is available with 30% down payment, 3.0% interest-only rate, a 5-year term, and no prepayment penalty. The unit mix offers one 3bd/1bth unit, one 2bd/1bth unit, nine 1bd/1bth units and one studio unit. The property was built in 1921, offers approximately 9,200 square feet of rental space, and sits on a combined lot size of 13,000 square feet. The sale also includes the vacant lot next door at 536 Capitol St which is currently being used for 15+ parking spaces and provides a future potential development opportunity. The unit...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1921
HOA Fees
-
Finished Area
- sqft
Lot Size
6,500 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41118756
MLS Status
Active
Days on Market
1
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