201 Avian Dr - Apartments FOR SALE


Vallejo, CA 94591- East Vallejo
$9,500,000 USD
925-324-1563
201 Avian Dr, Vallejo, CA for Sale
$9,500,000 USD
Apartments - FOR SALE
1/137
null | 8.08% Cap Rate

201 Avian Dr
Vallejo, CA 94591
East Vallejo


HIGHLIGHTS

  • STELLAR UNIT MIX AND UNIT SIZES
  • DISTINCTIVE LOCATION
  • STRONG RENTAL MARKET FUNDAMENTALS
  • VALUE-ADD OPPORTUNITY
  • NEARBY AMENITIES & EMPLOYERS

OVERVIEW

Northmarq, as the exclusive listing agent, is proud to present Forest Glenn, a 68-unit value-add apartment community in Vallejo, California. Nestled on approximately 3.7 acres, the property features beautifully landscaped courtyard gardens, oversized floor plans, a gated community, and select units with stunning water views. Originally built in 1965, Forest Glenn comprises 15 residential buildings set within a serene, park-like environment. Offered at $9,500,000 — just $139,706 per unit and $137 per rentable square foot — the property delivers immediate cash flow, with a 8.1% cap rate and a GRM of 5.31, making it a compelling opportunity for value-add investors seeking both strong returns and additional upside potential.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$137 USD /SF

# OF UNITS

68

PRICE/UNIT

$139,706

CAP RATE

8.08%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Forest Glenn

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

85

LAND DETAILS

LAND ACRES

3.49 AC

LAND SF

152,024 SF

ZONING

N/Av, Vallejo

APN/PARCEL ID

0069-461-010

ASK ABOUT THIS PROPERTY

Anthony PappageorgeNorthmarqMore Info
925-324-1563

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Anthony PappageorgeNorthmarqMore Info
925-324-1563

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