Amy Mandarich - Commercial Real Estate Showcase

Amy Mandarich Property Listings
Prominent Homes
4328 Cognac Ct
Loomis, CA 95650
(916) 826-7192

125 S Yolo Street

Willows, CA 95988-3170

Property Type:Multi-Family Number of Units:11 Status:Existing Year Built:-
Stories:1 Building Size:15,558 SF Land Area:.65 AC (28,314 SF)
For Sale Price:$779,935 Price/Unit:$70,903.18 Cap Rate:7.87 % GRM:-


Sale Notes:
Prominent Homes Is Pleased to Offer a three parcel portfolio with HUGE upside and well maintained properties. Willows is located between Redding and Sacramento CA. The City of Willows has an outstanding rental market and this property stays near 100% occupancy at all times with units renting in a matter of days. The three parcels are made up of (Parcel 3)- One Triplex with all 2-Bedroom/1-Bathroom, large private yards and three separate storages, One Duplex both 2-Bedroom/1 Bathroom and large private yards. (Parcel 2)-One Duplex both 2-Bedroom/1 Bathroom and large private yards. These Units where fully renovated in 2014, with all new Plumbing, New Central Heating and Air, New Windows, Doors, New Paint inside and out, New Flooring, New Cabinets, New Tub/Showers, Granite Counters and much more! (Parcel 1)- One 4-Plex with all 1-Bedroom/1-Bathroom renovated in 2014, Two Single Family Homes both 2-Bedroom/1-Bathroom, both recently renovated.
One large uncompleted Apartment Complex with plans for 10 units. This building has newer siding and Dual pane windows and the inside is framed in. The property has one on-site laundry facility. All three parcels recently had landscape Irrigation installed.Rents have NOT been increased since 2014 and with such a high demand for rentals in Willows, a new buyer should expect huge upside through a rent increase, as well as implementing a flat rate sewer charge per unit. At JUST UNDER $60K a door a buyer can have steady cash flow while completing the unfinished building. Numbers are based on 13 Units ONLY but cover taxes/Ins/landscape/Pest on the uncompleted building.Willows is conveniently located between Sacramento and Redding California. The City of Willows has a population of 6,166. We Invite Any and All Potential buyers to visit these properties first hand.

Prominent Homes
Amy Mandarich
(916) 826-7192

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