2520 Walters Way - Apartments FOR SALE


Concord, CA 94520- Camara
$3,145,000 USD
831-877-0891
2520 Walters Way, Concord, CA for Sale
$3,145,000 USD
Apartments - FOR SALE
1/9
null | 4.9% Cap Rate

2520 Walters Way
Concord, CA 94520
Camara


HIGHLIGHTS

  • Fully occupied units with long term tenants

OVERVIEW

10 units available within this 24 unit condominium complex. Current cap rate has plenty of room to go up with future rent increases to market rents. Each unit comprises of 2 bedrooms and 1 bath, and are each 780 square feet. Seller will sell only all 10 units at this time. Seller may carry a 1st Deed of Trust with 50% down payment, with acceptable terms and conditions. All units are in great condition. All appliances stay, including washers and dryers. Each unit has their own separate washer and dryer. Monthly HOA is $440- monthly. Calculations have taken the HOA into account. Community Pool on property. This is a great price and an excellent long term investment! Unit 7 recently sold on 12/20/2024 for $345,000-. Plenty of equity in this portfolio. Turn key investment. All units occupied. All tenants are current on rents.

FOR SALE DETAILS

PRICE

$3,145,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

10

PRICE/UNIT

$314,500

CAP RATE

4.9%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Amberwood

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,190 SF

ZONING

M18, Concord

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Juan ManchenoPinnacle RealtorsMore Info
831-877-0891

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Juan ManchenoPinnacle RealtorsMore Info
831-877-0891

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