1801 Cardinal Dr - Apartments FOR SALE


Placerville, CA 95667
$2,900,000 USD
916-712-5500
1801 Cardinal Dr, Placerville, CA for Sale
$2,900,000 USD
Apartments - FOR SALE
1/24
null | 5.1% Cap Rate

1801 Cardinal Dr
Placerville, CA 95667


HIGHLIGHTS

  • Serene setting on a hillside surrounded by trees
  • Beautiful views
  • Modern finishes

OVERVIEW

$500,000 remodel in 2020. Sale includes adjacent 0.43 acre of land zoned R3-AO with an address of 1833 Cardinal Drive, Placerville, CA 95667, with a potential to build 7 additional units. Existing four separate buildings with 2 units per building. All units are identical layouts with 2 bedrooms and full bath on one floor and living room, half bath, kitchen and dining area on the main floor.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$420 USD /SF

# OF UNITS

8

PRICE/UNIT

$362,500

CAP RATE

5.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

R2, Placerville

APN/PARCEL ID

049-180-026-000

ASK ABOUT THIS PROPERTY

Ryker FlintRyker Flint CommercialMore Info
916-712-5500

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Ryker FlintRyker Flint CommercialMore Info
916-712-5500

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