20522 Old 44 Dr - Multi-Family FOR SALE


Redding, CA 96003
$999,000 USD
530-242-4114
20522 Old 44 Dr, Redding, CA for Sale
$999,000 USD
Multi-Family - FOR SALE
1/26
null | 8.5% Cap Rate

20522 Old 44 Dr
Redding, CA 96003


HIGHLIGHTS

  • One-Of-A-Kind - Priced to Sell
  • 8.5% CAP Rate!
  • Includes 4 Storage Units + 7 Houses!!

OVERVIEW

One-of-a-Kind Investment Property - 7 Homes on Nearly 9 Acres in Redding Don't miss this rare opportunity to own a truly unique income-producing property just minutes from town! Situated on just under 9 acres in a peaceful country setting, this remarkable investment features 7 well-maintained homes and 4 rentable storage units with room for upside. Each home offers a comfortable residential atmosphere with newer roofs, modern mini-split HVAC systems, and updated appliances—making them highly desirable for long-term tenants. Demand is consistently strong, and vacancies are rare. In addition to the stable rental income from the homes, there's untapped potential in the four storage units, which can be leased for additional monthly revenue—pushing returns even higher. Whether you're a seasoned investor or looking to expand your portfolio, this property presents an exceptional opportunity to generate attractive cash flow and a strong CAP rate in a desirable, semi-rural location close to all the amenities of Redding. Opportunities like this don't come around often

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$141 USD /SF

# OF UNITS

7

PRICE/UNIT

$142,714

CAP RATE

8.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Village at Old 44

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.9 AC

LAND SF

387,684 SF

ZONING

RES

APN/PARCEL ID

111-100-015-000

ASK ABOUT THIS PROPERTY

Nick KerleyREALTY110,INC.More Info
530-242-4114

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Nick KerleyREALTY110,INC.More Info
530-242-4114

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