1190 Dana Dr - Apartments FOR SALE


Fairfield, CA 94533
$1,743,000 USD
415-625-2117
1190 Dana Dr, Fairfield, CA for Sale
$1,743,000 USD
Apartments - FOR SALE
1/8
null | 7.33% Cap Rate

1190 Dana Dr
Fairfield, CA 94533


HIGHLIGHTS

  • Located one-block from major regional shopping center, The Solano Town Center with major retailers including: Dick’s Sporting Goods and Best Buy.
  • Gas stoves, luxury vinyl plank floors in kitchens and bathrooms, carpeted living room and bedrooms, and security doors.
  • Pitched composite roof, with low maintenance stucco siding, attractive landscaping, lawn, common area patio, ample parking, and on-site laundry.

OVERVIEW

Part of larger ten property portfolio sale that is subject to Court Approval. Non Disclosure Agreement Required prior to review of Offering Memorandum and financial information. Properties offered individually or as part of portfolio. This offering at 1190 Dana Drive, in Fairfield, CA consists of a twelve-unit apartment complex, in an ideal location located one block from the Solano Town Center providing easy access to shopping, dining, and entertainment. The property allows tenants the additional benefit of easy access to Hwy 80, located just two-blocks away providing a convenient location to nearby jobs and employment. Constructed circa 1971 (per property records) the two-story buildings are of wood frame with stucco siding, with pitched composite roofs, and are built on a spacious 0.36-acre parcel. The property features attractive landscaping to the front and rear, with parking to the side. The complex unit mix consists of (12) 1Br/1-Bath apartments, of efficient 450 square foot floorplans. Unit interiors feature carpeted dining room and bedrooms, luxury vinyl plank kitchen and bathroom flooring, gas stoves, wall-mount air conditioners, and gas wall heaters. The property is individually metered for gas and electricity, with on-site laundry.

FOR SALE DETAILS

PRICE

$1,743,000 USD

PRICE/SF

$283 USD /SF

# OF UNITS

12

PRICE/UNIT

$145,250

CAP RATE

7.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Dana Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

R6, Fairfield

APN/PARCEL ID

0033-042-400

ASK ABOUT THIS PROPERTY

Jon HolmquistJon HolmquistMore Info
415-625-2117

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Jon HolmquistJon HolmquistMore Info
415-625-2117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.