5638 N Gledhill Ave - Apartments FOR SALE


Olivehurst, CA 95961
$1,339,990 USD
916-847-8849
5638 N Gledhill Ave, Olivehurst, CA for Sale
$1,339,990 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

5638 N Gledhill Ave
Olivehurst, CA 95961


OVERVIEW

Incredible opportunity to secure a fresh start, with A Performing Asset, featuring 15 units in a shared Community Complex, that is easy on the budget of Tenant(s)***Note: CERTIFICATE OF OCCUPANCY ISSUED ON OCTOBER 29,2024.,************* Note: Subject Property has a Fire Suppression System, coupled with a Fire Alarm Central System, 15 individual Parking Spaces, which are inclusive of two Disability Parking Spaces, on site. Note: According to Seller, Subject Property has 13 Units occupied at this time, i.e., only 1 vacancy, which is pending rental, coupled with one remaining unit that is in possession of a onsite maintenance person, in exchange for no rent. Furthermore, at this time, only 4 units are Mouth-To-Month, with the remaining units on Minimum 6 Month Leases. GREAT FINANCIAL OPPORTUNITY! Close to shopping, i.e., Wal-Mart, Costco, Restaurants, Fast Food Facilities, Service Stations, etc., coupled with an easy minutes, commute to Marysville, and Yuba City!

FOR SALE DETAILS

PRICE

$1,339,990 USD

PRICE/SF

$286 USD /SF

# OF UNITS

15

PRICE/UNIT

$89,333

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

R-01

APN/PARCEL ID

020-293-007-000

ASK ABOUT THIS PROPERTY

JR Burkett DRE #00980402Intrust Properties, Inc. DRE 00997045More Info
916-847-8849

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JR Burkett DRE #00980402Intrust Properties, Inc. DRE 00997045More Info
916-847-8849

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