OVERVIEW
Two Adjacent Fourplexes Sold Together as a Portfolio or Individually! 6% cap rate + based on current rents. One building was re-built in 2022 and the other has three units fully upgraded. Highly rare cap rate in this competitive residential income market! Contact jcastellanos@marcusmillichap.com for due diligence information.
FOR SALE DETAILS
PRICE
$3,500,000 USD
PRICE/SF
$451 USD /SF
# OF UNITS
8
PRICE/UNIT
$437,500
CAP RATE
6.5%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1979
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.18 AC
LAND SF
7,841 SF
ZONING
R3
APN/PARCEL ID
434-12-085,434-12-086
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408-483-5040
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408-483-5040
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