230 J St - Apartments FOR SALE


Davis, CA 95616- Old East Davis
$2,475,000 USD
916-599-6523
230 J St, Davis, CA for Sale
$2,475,000 USD
Apartments - FOR SALE
1/12
null | 5.34% Cap Rate


HIGHLIGHTS

  • All 2x1s
  • 1:1 Parking
  • Upgraded electrical panels.

OVERVIEW

Well-maintained 10 units just east of downtown! All 2x1s, electrical panels recently replaced, dual pane windows. Property is located just east of downtown (within walking distance!) and walk/bike to UC Davis campus. Rare opportunity to purchase in Davis with 1:1 parking. Approximately $30k of rental upside as well as $10k RUBs income upside to stabilized cap rate of 6.54%! Tours will be offered 3/31, 4/2, 4/7 and 4/9. Please call to confirm a timeslot!

FOR SALE DETAILS

PRICE

$2,475,000 USD

PRICE/SF

$274 USD /SF

# OF UNITS

10

PRICE/UNIT

$247,500

CAP RATE

5.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chateau Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

R-2

APN/PARCEL ID

070-313-002-000

ASK ABOUT THIS PROPERTY

Nate OlesonWalker & DunlopMore Info
916-599-6523

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Nate OlesonWalker & DunlopMore Info
916-599-6523

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