360 Sutter Hill Rd - Apartments FOR SALE


Sutter Creek, CA 95685
$3,250,000 USD
916-813-3417
360 Sutter Hill Rd, Sutter Creek, CA for Sale
$3,250,000 USD
Apartments - FOR SALE
1/11
null | 6.17% Cap Rate

360 Sutter Hill Rd
Sutter Creek, CA 95685


HIGHLIGHTS

  • Very quiet complex
  • Parking/Carport lights are motion activated

OVERVIEW

Great location in Sutter Creek, walking distance to restaurants, shopping and wind tasting. Solar carports, owner owned solar system. Solar power to all units. Each unit has it's own hot water heater. On site Laundry Room with three washers/three dryers along with a change machine and vending machine Each unit has fire sprinklers, a 10-year inspection was performed and passed. Backflow water pressure inspection is completed every year and passed every year. Farmers Insurance to be placed on property as of June 2025. Agent - Larry DiGiacomo, 415/661-3880 Rents are increased every anniversary of tenant move in, a flat 5% plus CPI allowable rate. There is an office unit with utility room on site

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$290 USD /SF

# OF UNITS

16

PRICE/UNIT

$203,125

CAP RATE

6.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Summit Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1996

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

NC

APN/PARCEL ID

018-342-010-000

ASK ABOUT THIS PROPERTY

Dennis GriffinThe Griffin CompanyMore Info
916-813-3417

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Dennis GriffinThe Griffin CompanyMore Info
916-813-3417

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