138 S Plumas St - Apartments FOR SALE


Willows, CA 95988
$950,000 USD
916-601-5245
138 S Plumas St, Willows, CA for Sale
$950,000 USD
Apartments - FOR SALE
1/1
null | 9.52% Cap Rate

138 S Plumas St
Willows, CA 95988


HIGHLIGHTS

  • Willows is in northern California’s Central Valley, about 90 miles north of Sacramento and 25 miles west of Chico.

OVERVIEW

Exceptional Investor Opportunity with 9%+ Pro-Forma Cap Rate! This fully occupied 8-plex in the heart of Willows generates $103,000 in annual rental income. Each unit offers 2 bedrooms and 1 bath, with two recently remodeled units currently leased at $1,300, and the remaining six at $1,000. With an annual income potential of up to $125,000, this property is primed for increased returns. Ideally situated near parks, schools, the library, dining, and shopping, it’s perfectly positioned for maximum value and convenience!

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$153 USD /SF

# OF UNITS

8

PRICE/UNIT

$118,750

CAP RATE

9.52%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,748 SF

ZONING

R-P

APN/PARCEL ID

002-171-003-000

ASK ABOUT THIS PROPERTY

Amir CackoviceXp Realty of CaliforniaMore Info
916-601-5245

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Amir CackoviceXp Realty of CaliforniaMore Info
916-601-5245

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