5619-5621 Arboga Rd - Apartments FOR SALE


Olivehurst, CA 95961
$2,000,000 USD
415-312-7706
5619-5621 Arboga Rd, Olivehurst, CA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/17
null | 5.31% Cap Rate

5619-5621 Arboga Rd
Olivehurst, CA 95961


HIGHLIGHTS

  • 12 2-bed 1-bath units always fully occupied
  • All units completely renovated
  • Current Cap 5.31% / Market Cap 7.20%
  • Strong demand for Multifamily with Major Upside

OVERVIEW

Global IN presents an attractive investment opportunity, situated in a prime location with easy access to nearby amenities and major urban cities. The property, on a sizable parcel of land, has significant potential for additional development. It is located in a peaceful community with essential amenities, including good schools, parks, and local businesses. The area is experiencing major growth, driven by new housing developments and infrastructure improvements, leading to increased property value and growth potential.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$256 USD /SF

# OF UNITS

12

PRICE/UNIT

$166,667

CAP RATE

5.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

R-02

APN/PARCEL ID

021-342-008-000

ASK ABOUT THIS PROPERTY

Mike WahbaGlobal I. N. Inc.More Info
415-312-7706

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Mike WahbaGlobal I. N. Inc.More Info
415-312-7706

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