144 Hilborn St - Apartments FOR SALE


Vallejo, CA 94590- Vallejo Heights
$2,400,000 USD
916-659-8277
144 Hilborn St, Vallejo, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/3
null | 6.77% Cap Rate

144 Hilborn St
Vallejo, CA 94590
Vallejo Heights


HIGHLIGHTS

  • Complete Interior/Exterior Rehab
  • Fourteen (14) 1x1 Units
  • Tuck Under Parking
  • Beautifully Landscaped Grounds
  • Storage
  • Elevated Views

OVERVIEW

North Valley RE Advisors is pleased to present the 14-unit apartment property located at 144 Hilborn Street in Vallejo, California. The subject property consists of fourteen (14) one-bedroom, one-bathroom apartment units situated in the desirable Vallejo Heights neighborhood. The property features a highly efficient unit mix comprised entirely of 1x1 units, a consistently strong rental format that appeals to a wide range of tenants in the Vallejo rental market. The building offers investors a well-located multifamily asset positioned within close proximity to major employment centers, transportation corridors, the Vallejo waterfront, and elevated West facing views of the Napa River. 144 Hilborn Street presents investors with the opportunity to acquire a well-positioned 14-unit apartment building in a supply-constrained Bay Area rental market. With Vallejo continuing to benefit from its relative affordability compared to other Bay Area cities, the property is well positioned to attract steady tenant demand from renters seeking access to regional employment centers while maintaining more attainable housing costs. Offered at a list price of $2,400,000, the property provides investors the opportunity to acquire a well-maintained multifamily asset with attractive potential for future rental growth in one of the Bay Area’s most accessible rental markets. Email Marc Guillon for the Offering Memo.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$274 USD /SF

# OF UNITS

14

PRICE/UNIT

$171,429

CAP RATE

6.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hilborn Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,737 SF

ZONING

-

APN/PARCEL ID

0051-203-160

ASK ABOUT THIS PROPERTY

Marc GuillonNorth Valley Real Estate AdvisorsMore Info
916-659-8277

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Marc GuillonNorth Valley Real Estate AdvisorsMore Info
916-659-8277

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