5 Roache Rd - Apartments FOR SALE


Freedom, CA 95019
$1,600,000 USD
831-464-5039
5 Roache Rd, Freedom, CA for Sale
$1,600,000 USD
Apartments - FOR SALE
1/3
null | 5.48% Cap Rate

5 Roache Rd
Freedom, CA 95019


HIGHLIGHTS

  • Close to Transit
  • Oversized lot
  • Ample Parking

OVERVIEW

5 Roache Rd presents a rare multifamily investment opportunity in the heart of Freedom. Situated on an oversized 16,000+ SF lot, the property features six residential units with a desirable unit mix consisting of one 3-bedroom/1-bath unit, one 2-bedroom/1-bath unit, and four 1-bedroom/1-bath units. The generous lot size provides ample onsite parking and offers long-term upside for investors. Adding to its appeal, the neighboring property at 1999 Freedom Blvd is also available for purchase, creating a unique assemblage and potential development opportunity. Whether you're looking to expand your multifamily portfolio, pursue redevelopment potential, or capitalize on a value-add investment, 5 Roache Rd offers exceptional flexibility and future potential. Please do not disturb the occupants. Contact the listing brokers for additional information or to schedule a showing.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$546 USD /SF

# OF UNITS

6

PRICE/UNIT

$266,667

CAP RATE

5.48%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 - 11 Roache Rd - 6 Units

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,153 SF

ZONING

RM-2

APN/PARCEL ID

014-012-02-000

ASK ABOUT THIS PROPERTY

Erik BarbicSherman & Boone CommercialMore Info
831-464-5039

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Erik BarbicSherman & Boone CommercialMore Info
831-464-5039

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