919 Locust St - Apartments FOR SALE


Garberville, CA 95542
$975,000 USD
707-223-2060
919 Locust St, Garberville, CA for Sale
$975,000 USD
Apartments - FOR SALE
1/55
null | Request Cap Rate

919 Locust St
Garberville, CA 95542


HIGHLIGHTS

  • Commendable rental track record and income potential

OVERVIEW

Investment Opportunity: A property comprising six rental units spread across four parcels in Garberville. The primary residence features three bedrooms, two bathrooms, and an attached garage. The second unit consists of a duplex with two one-bedroom, one-bathroom units. Additionally, there are two standalone units, each offering two bedrooms and one bathroom. Completing this ensemble is a standalone one-bedroom, one-bathroom unit with a detached garage. This property boasts a commendable rental track record and income potential. Furthermore, it includes a spacious flat backyard, offering ample space for potential expansion.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$239 USD /SF

# OF UNITS

6

PRICE/UNIT

$162,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 Rental Units on Locus St

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

R4- Multi Family

APN/PARCEL ID

032-111-022-000

ASK ABOUT THIS PROPERTY

Somer WallanMadrone Realty, Inc.More Info
707-223-2060

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Somer WallanMadrone Realty, Inc.More Info
707-223-2060

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