311 7th St - Apartments FOR SALE


Davis, CA 95616- Central Davis
$3,895,000 USD
408-421-4703
311 7th St, Davis, CA for Sale
$3,895,000 USD
Apartments - FOR SALE
1/13
null | 5.25% Cap Rate

311 7th St
Davis, CA 95616
Central Davis


HIGHLIGHTS

  • Signicant value-add potential through interior renovations and rental upside.
  • Excellent unit mix with 8 one-bedroom/one-bathroom units and 8 two- bedroom/one-bedroom units.
  • Recent property upgrades include double-pane windows, upgraded entry doors, exterior paint, new electrical panels, improved landscaping, reinforced fo
  • Prime location on a 0.46-acre lot (19,848 sqft), just minutes from UC Davis and close to major educational and cultural amenities.

FOR SALE DETAILS

PRICE

$3,895,000 USD

PRICE/SF

$346 USD /SF

# OF UNITS

16

PRICE/UNIT

$243,438

CAP RATE

5.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Orange Tree Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,107 SF

ZONING

R-3

APN/PARCEL ID

070-152-013-000

ASK ABOUT THIS PROPERTY

Andres LopezMarcus & MillichapMore Info
408-421-4703

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

Andres LopezMarcus & MillichapMore Info
408-421-4703

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