3200 Matthew Ln - Apartments FOR SALE


Fortuna, CA 95540
$2,300,000 USD
707-845-3459
3200 Matthew Ln, Fortuna, CA for Sale
$2,300,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

3200 Matthew Ln
Fortuna, CA 95540


HIGHLIGHTS

  • 12 Units Plus Garages
  • On-Site Laundry
  • In Great Fortuna Location

OVERVIEW

Multi-family investment opportunity in Fortuna, CA consisting of 12 apartment units plus garage income across 15 APN parcels. The portfolio includes 8 units on Matthew Ln and 4 units on Charles Pl, located in a quiet residential neighborhood with strong rental demand. The property also features on-site laundry providing additional income. Units are conveniently located near schools, parks, downtown Fortuna and Highway 101 with easy access throughout Humboldt County. Multiple parcels provide flexibility and long-term investment potential. Established tenancy offers immediate income with upside through future rent adjustments and operational improvements. Please do not disturb tenants.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$209 USD /SF

# OF UNITS

12

PRICE/UNIT

$191,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2001

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,525 SF

ZONING

Multi-Family

APN/PARCEL ID

203-383-034-000,203-383-035-000,203-383-036-000,203-383-037-000,203-383-044-000,203-383-045-000,203-383-046-000,203-383-047-000,203-383-048-000,203-383-049-000,203-383-050-000,203-383-051-000,203-383-052-000,203-383-053-000,203-383-054-000

ASK ABOUT THIS PROPERTY

Scott PeschColdwell Banker Commercial Pacific PartnersMore Info
707-845-3459

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Scott PeschColdwell Banker Commercial Pacific PartnersMore Info
707-845-3459

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