1600 Buchanan Rd - Apartments FOR SALE


Antioch, CA 94509- Pittsburg/Antioch
$6,450,000 USD
510-433-5816
1600 Buchanan Rd, Antioch, CA for Sale
$6,450,000 USD
Apartments - FOR SALE
1/13
null | 6.77% Cap Rate

1600 Buchanan Rd
Antioch, CA 94509
Pittsburg/Antioch


HIGHLIGHTS

  • 6.77% In Place Cap Rate
  • Situated Within a Two-Mile Radius of Over 500K Sq. Ft. of Retail
  • Highly Desirable Unit Mix Comprised Exclusively of Two-Bedroom Units
  • $450K+ in Completed Capital Expenditures, Including SB721 Repairs
  • RUBS Implemented
  • Private Patios / Balconies in Over 70% of Units

OVERVIEW

Buchanan Gardens is a 34-unit apartment community located at 1600 Buchanan Road in Antioch, California. Ideally positioned to offer residents a convenient living experience, the property is situated within a two-mile radius of over 500,000 square feet of established retail hubs, including major anchors such as Target, Costco, Lowe’s, and Maya Cinemas. This central location further benefits from proximity to essential economic and recreational drivers, situated less than one mile from the Kaiser Permanente Delta Fair Medical offices and five minutes from a plethora of scenic trails found at the Black Diamond Mines Regional Preserve.

FOR SALE DETAILS

PRICE

$6,450,000 USD

PRICE/SF

$211 USD /SF

# OF UNITS

34

PRICE/UNIT

$189,706

CAP RATE

6.77%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Buchanan Gardens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

R20

APN/PARCEL ID

076-440-004-0

ASK ABOUT THIS PROPERTY

Ryan RodriguezColliersMore Info
510-433-5816

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Ryan RodriguezColliersMore Info
510-433-5816

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