1420 Robbers Ravine Rd - Apartments FOR SALE


Colfax, CA 95713
$869,900 USD
804-408-4627
1420 Robbers Ravine Rd, Colfax, CA for Sale
$869,900 USD
Apartments - FOR SALE
1/46
null | Request Cap Rate

1420 Robbers Ravine Rd
Colfax, CA 95713


HIGHLIGHTS

  • Parcel Split Possible
  • Multi-Generation Living
  • Rental Income Oppurtunity

OVERVIEW

New price and ready for offers! This turn key remodeled property features two updated residences and a studio on 10 beautiful acres, perfect for multi-generational living or rental income. The main residence at 1420 Robbers Ravine Rd, a 2,126 sq. ft. home, offers five bedrooms and two updated bathrooms with new flooring, fresh paint, an updated kitchen, new water heaters, a whole house generator, and a new (2022) roof. Large windows showcase Robbers Ravine views, complemented by a fenced yard, fruit and walnut trees, RV parking, and a storage shed. The property has been thoroughly cleared, providing great defensible space. A detached three-car garage includes a 325 sq. ft. studio with an updated kitchen, bathroom, new water heater, W/D hookups, and separate entrance, ideal for guests or additional income. The second home at 1400 Robbers Ravine Rd is a 940 sq. ft. manufactured home built in 2016, featuring two bedrooms, two bathrooms, new carpet and paint. The home has its own well, septic, and utilities, and generates $2,200/month in rent. Starlink Internet and Ring security cameras are negotiable, adding modern convenience. This one-of-a-kind opportunity won't last! Tour this exceptional 10-acre Colfax property with two homes and a studio today and secure it before it's gone!

FOR SALE DETAILS

PRICE

$869,900 USD

PRICE/SF

$117 USD /SF

# OF UNITS

3

PRICE/UNIT

$289,967

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1420 Robbers Ravine Road

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1996

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.3 AC

LAND SF

448,668 SF

ZONING

Farm

APN/PARCEL ID

099-191-009

ASK ABOUT THIS PROPERTY

Mason RobinsonOne Summit Real EstateMore Info
804-408-4627

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Mason RobinsonOne Summit Real EstateMore Info
804-408-4627

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