1955 Grande Cir - Apartments FOR SALE


Fairfield, CA 94533
$3,895,000 USD
510-926-8771
1955 Grande Cir, Fairfield, CA for Sale
$3,895,000 USD
Apartments - FOR SALE
1/22
null | 6.63% Cap Rate

1955 Grande Cir
Fairfield, CA 94533


HIGHLIGHTS

  • Showing: Friday 7/17 from 12-1pm
  • 23 Spacious Units Comprised of Sixteen 1bd/1bth and Seven 2bd/1.5bth Townhouse Style Units.
  • New Roof, Signage, Floors, Interior and Exterior Paint & Designated Off- Street Parking.
  • Coin Operated Laundry Machines Providing Additional Income, Private Yards/Patios, and More.
  • Well Located Near Public Transportation, Shopping, and Dining.
  • Easy to Manage Investment Property with Rental Upside and No City Rent Control

OVERVIEW

SHOWING: FRIDAY JULY 17, FROM 12-1PM The Pinza Group is pleased to present the Continental Apartments at 1955 Grande Circle in Fairfield. Comprised of 16 1-bedroom/1-bath units and seven 2-bedroom/1.5-bath townhouse units, the property offers a desirable unit mix with broad tenant appeal and strong occupancy potential. The asset has benefited from recent capital improvements, including a new roof, updated flooring, fresh interior and exterior paint, and designated off-street parking, helping reduce near-term capital expenditure requirements. Additional income is generated through on-site coin-operated laundry facilities, while the potential implementation of a RUBS program provides a clear path to increasing net operating income. Ideally located near public transportation, shopping, dining, and major commuter routes, the property offers investors a compelling combination of stable in place cash flow, operational efficiencies, and future upside in a non rent-controlled market. Fairfield is one of Solano County's most established rental markets, strategically located between the San Francisco Bay Area and Sacramento. The city benefits from a diverse employment base, strong transportation infrastructure, and convenient access to Interstate 80, making it a desirable location for commuters and local residents alike. The property is situated near major shopping centers, grocery stores, restaurants, parks, and everyday conveniences, while also benefiting from proximity to Travis Air Force Base, one of the region's largest employers. Additional employment drivers include North Bay Health, Jelly Belly, and Solano County government services, supporting a stable local workforce. Fairfield continues to attract renters seeking affordability relative to neighboring Bay Area communities, supporting long-term housing demand, occupancy stability, and future rent growth

FOR SALE DETAILS

PRICE

$3,895,000 USD

PRICE/SF

$263 USD /SF

# OF UNITS

23

PRICE/UNIT

$169,348

CAP RATE

6.63%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Continental Apartments & Open Fri 7/17 12-1pm

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,639 SF

ZONING

-

APN/PARCEL ID

0037-272-140

ASK ABOUT THIS PROPERTY

Steven PinzaPinza GroupMore Info
510-926-8771

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Steven PinzaPinza GroupMore Info
510-926-8771

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