138 S Plumas St - Apartments FOR SALE


Willows, CA 95988
$925,000 USD
916-730-3846
138 S Plumas St, Willows, CA for Sale
$925,000 USD
Apartments - FOR SALE
1/58
null | 6.8% Cap Rate

138 S Plumas St
Willows, CA 95988


OVERVIEW

Exceptional Investor Opportunity with 9%+ Pro-Forma Cap Rate! This fully occupied 8-plex in the heart of Willows generates $97,200 in annual rental income. Each unit offers 2 bedrooms and 1 bath, with two recently remodeled units currently leased at $1,300, See the unit mix and rent roll below for the remaining six. With an annual income potential of up to $125,000, this property is primed for increased returns. Ideally situated near parks, schools, the library, dining, and shopping, it’s perfectly positioned for maximum value and convenience!

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$149 USD /SF

# OF UNITS

8

PRICE/UNIT

$115,625

CAP RATE

6.8%

% 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

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,748 SF

ZONING

R-P

APN/PARCEL ID

002-171-003-000

ASK ABOUT THIS PROPERTY

Ron BenningRon BenningMore Info
916-730-3846

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Ron BenningRon BenningMore Info
916-730-3846

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