731 9th St - Apartments FOR SALE


Crescent City, CA 95531
$965,000 USD
510-928-5544
731 9th St, Crescent City, CA for Sale
$965,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

731 9th St
Crescent City, CA 95531


OVERVIEW

12 units studios and one bedrooms, with one 3 bedroom unit. Garages can be converted to living space, there are 5 of them Current ownership is having electrical upgraded with permits per the city. This will be completed prior to any ownership change. All units are vacant. ARV appraisal at 1.2 million plus. Estimated monthly income is approximately 13000 a month once fully occupied. Additional income possible. Located in Crescent City, near the ocean, in a growing community with a need for affordable housing. Private money, cash, or hard money. Seller cannot carry the loan. Seller open to paying a buyers brokers fee, just ask. Seller is principal.

FOR SALE DETAILS

PRICE

$965,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

12

PRICE/UNIT

$80,417

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,697 SF

ZONING

-

APN/PARCEL ID

118-230-023-000

ASK ABOUT THIS PROPERTY

Paul MaguireMaguire Real Estate and InvestmentsMore Info
510-928-5544

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Paul MaguireMaguire Real Estate and InvestmentsMore Info
510-928-5544

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