804 Springs,
Vallejo, CA 94590
已成交 成交價: $93萬 成交日期: 2024年10月18日
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

6509 平方英呎
(605平方米)

1967 年

6 停車位

暖: GAS

地產編號: 41071164
所處郡縣: SOL
面積單價:$267.86/sq.ft ($2,883 / 平方米)
車位類型:NO
房屋簡介

To access marketing package copy/paste: https://bit.ly/kitehillre. Discover a prime investment opportunity in Old City Vallejo with this exceptional apartment building, offering four spacious 3-bedroom, 1-bath units. With a total of 3,472 square feet of living space on a generous 6,509 square foot lot, this property generates a strong rental income of $8,084 monthly and $97,008 annually, ensuring a steady and reliable cash flow. The impressive financial metrics, including a Gross Rent Multiplier (GRM) of 10.26 and a cap rate of 6.03%, highlight its potential for a solid return on investment. Located in the historic and vibrant Old City Vallejo, this property benefits from proximity to essential amenities and transportation. Tenants enjoy easy access to public transit, major highways, and ferry services to San Francisco, making it an attractive option for a diverse tenant base. The neighborhood's ongoing revitalization efforts, including downtown and waterfront projects, further enhance the property’s value and appeal. Investing in this apartment building not only secures a stable income but also positions investors to capitalize on the area's growth and development, minimizing vacancy risks and ensuring consistent rental demand.

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