71-83 Solano Ave - Apartments FOR SALE


Bay Point, CA 94565
$2,750,000 USD
925-236-2040
71-83 Solano Ave, Bay Point, CA for Sale
$2,750,000 USD
Apartments - FOR SALE
1/21
null | 5.92% Cap Rate

71-83 Solano Ave
Bay Point, CA 94565


OVERVIEW

71-83 Solano Avenue features a unix mix consisting of (11) One-Bedroom/One-Bath Units, (3) Studios and a single Two-Bedroom/One-Bath unit situated on 0.80 acre parcel. Located in Bay Point, CA, the subject property offers investors the opportunity to acquire an asset with a history of strong rental performance. Bay Point has been described as one of the last affordable cities in the Bay Area leading to strong demand for housing and apartments within Bay Point. The property is conveniently located, providing quick access to highway 4 and the 680 freeway and situated less than two miles from the Pittsburg/Bay Point BART station. Residents will also find convenience in being able to access grocery stores, shops, services and restaurants along Willow Pass Road.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$447 USD /SF

# OF UNITS

15

PRICE/UNIT

$183,333

CAP RATE

5.92%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

M-17, County

APN/PARCEL ID

096-032-031-5

ASK ABOUT THIS PROPERTY

Chris SaizCompass CommercialMore Info
925-236-2040

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Chris SaizCompass CommercialMore Info
925-236-2040

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