2980 Stingy Ln - Apartments FOR SALE


Anderson, CA 96007
$1,100,000 USD
530-242-4114
2980 Stingy Ln, Anderson, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/11
null | 8.03% Cap Rate

2980 Stingy Ln
Anderson, CA 96007


HIGHLIGHTS

  • Excellent Cash Flow
  • Upside Potential with little to no Capital Expenditure
  • Seller's Ready to Discuss Price!

OVERVIEW

High-Cash-Flow 9-Unit Apartment Complex in Anderson, CA - 8.05%+ CAP Rate! This well-maintained 9-unit multifamily property in Anderson, CA, is a prime investment opportunity with an annual gross income of over $119,000 and a CAP rate exceeding 8%. The complex consists of eight 2-bedroom, 1-bath units, each featuring indoor laundry and private backyards, plus a spacious 3-bedroom, 1-bath unit. With plenty of room for upside potential on rents, this property offers an excellent opportunity for investors seeking strong cash flow and long-term appreciation. Conveniently located near local amenities and freeway access, this is a low-maintenance, high-performing asset that won't last long.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$147 USD /SF

# OF UNITS

9

PRICE/UNIT

$122,222

CAP RATE

8.03%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8%+ CAP - Anderson Oaks Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

R-1

APN/PARCEL ID

201-510-025-000

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.