1011 Burton Dr - Apartments FOR SALE


Redding, CA 96003
$1,050,000 USD
530-242-4114
1011 Burton Dr, Redding, CA for Sale
$1,050,000 USD
Apartments - FOR SALE
1/10
null | 5.68% Cap Rate

1011 Burton Dr
Redding, CA 96003


HIGHLIGHTS

  • Open Floor Plan
  • In Unit Laundry
  • Attached 2 Car Garages for each unit
  • 2 Master Bedrooms each with ensuite bathrooms

OVERVIEW

This property features four spacious 2-bed / 2.5-bath units with 1,100sq/ft of upscale living space. All open floor plan units feature kitchens with granite counter tops & stainless appliances, two master bedrooms with ensuite bathrooms and walk-in closets, convenient in-unit laundry, and a guest half bath on the main level. This property also features, two car garages along with off-street parking for each unit. Financials: Total Expenses $22,950.00 *Insurance $4,268.00 *Landscaping $1,800.00 *Utilities $4,282.00 *Taxes $12,600.00 Total Gross Rents $82,608.00

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$239 USD /SF

# OF UNITS

4

PRICE/UNIT

$262,500

CAP RATE

5.68%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2013

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,733 SF

ZONING

RM-10

APN/PARCEL ID

071-370-015-000

ASK ABOUT THIS PROPERTY

Nick KerleyREALTY110,INC.More Info
530-242-4114

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Nick KerleyREALTY110,INC.More Info
530-242-4114

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