503 Winslow St - Apartments FOR SALE


Crockett, CA 94525
$1,375,000 USD
510-822-1331
503 Winslow St, Crockett, CA for Sale
$1,375,000 USD
Apartments - FOR SALE
1/32
null | 6.4% Cap Rate

503 Winslow St
Crockett, CA 94525


HIGHLIGHTS

  • 6-unit Apartment Complex Spread Across Two Separate Buildings Offering Five 2bd/1bth Units and One 1bd/1bth Unit
  • Separately Metered For Water in the Duplex and PG&E Across All Units with Low Annual Operating Expenses
  • In-Unit Water Heaters and Washer/Dryer Hook-ups Remodeled Units Upgraded Kitchens, Bathrooms, Custom Fixtures, Hardwood Floors, and More
  • Low Maintenance Property with Upgraded Electrical, Plumbing, Newer Roof, and Double-Pane Windows
  • Attractive Crockett Location with Water Views Seller Financing is Available With Excellent Terms

OVERVIEW

6-unit apartment complex spread across a fourplex (503 Winslow St) and a duplex (414-416 Jackson St) with water views, strong cash flow, and excellent seller financing. The property is 100% occupied and offers an attractive unit mix of five 2bd/1bth units and one 1bd/1bth unit. The property was originally built in 1908, offers approximately 3,465 square feet of rental space, and sits on a 5,000 square foot lot with room for off street parking. The property has been well maintained and is separately metered for water in the duplex and separate PG&E meters across all units providing for low annual operating expenses. The units have been remodeled over time and offer upgraded electrical with a new main panel, upgraded wiring, and new breakers 10 years ago, in-unit washer/dryer hook-ups, in-unit water heaters, and a variety of other upgrades. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is an excellent Crockett location with water views only a few blocks to all the restaurants and shopping in Downtown Crockett. This location provides easy access to a variety of outdoor activities and HWY80 making this an attractive location that's always in high demand. *****EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$284 USD /SF

# OF UNITS

6

PRICE/UNIT

$229,167

CAP RATE

6.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Large 6-Units with Seller Financing

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

R-6, Crockett

APN/PARCEL ID

354-075-009-2

ASK ABOUT THIS PROPERTY

David HowarthPinza GroupMore Info
510-822-1331

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David HowarthPinza GroupMore Info
510-822-1331

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