205 Muir Rd - Apartments FOR SALE


Martinez, CA 94553
$1,350,000 USD
925-595-0422
205 Muir Rd, Martinez, CA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/19
null | 6% Cap Rate

205 Muir Rd
Martinez, CA 94553


HIGHLIGHTS

  • Premium Location
  • 6% Cap-Rate at current rents and upside potential

OVERVIEW

LOCATION, LOCATION, LOCATION ... First time on the market in 23-years ... extremely well maintained 4-Plex one-block away from Martinez Kaiser and the VA-Hospital ... 6% Cap-Rate at current rents ... $81,054 estimated NOI ... $402 per square foot ... Premium location - very good condition ... Uniquely private, pathway entrance with garden and trees - you can drive by the building and not notice it = terrific privacy and charm for the Tenants ... one apartment is vacant and easy to show - nicely updated with new wood floors, along with new kitchen cabinets, countertops and appliances ... three apartments are 2-bed, 1-bath and one apartment is a 2-bed, 2-bath ... about 4-blocks to Nob Hill Foods, Starbucks, movie theater and Hwy-4 entrance. Offers reviewed on Friday, May 29th at Noon.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$402 USD /SF

# OF UNITS

4

PRICE/UNIT

$337,500

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

205 Muir Road

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

CM

APN/PARCEL ID

162-341-026-1

ASK ABOUT THIS PROPERTY

Kevin O'BrienRe/Max AccordMore Info
925-595-0422

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Kevin O'BrienRe/Max AccordMore Info
925-595-0422

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