230 J St
Davis, CA 95616
Old East Davis
HIGHLIGHTS
- Well-maintained 10-unit property featuring all 2-bedroom, 1-bathroom floor plans.
- Rare 1:1 parking ratio for all units, a highly sought-after feature in the area.
- Recent upgrades include new electrical panels and dual-pane windows.
- Significant income potential with approximately $30,000 in rental upside and $10,000 in RUBS income.
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%!
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
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916-599-6523
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916-599-6523
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