504 Angels Rd - Apartments FOR SALE


San Andreas, CA 95249
$1,200,000 USD
209-401-9085
504 Angels Rd, San Andreas, CA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/5
null | 6.3% Cap Rate

504 Angels Rd
San Andreas, CA 95249


HIGHLIGHTS

  • A rare opportunity to own a fully-rented, cash-flowing 8-unit apartment complex in the heart of San Andreas.
  • Situated just minutes from downtown, shopping, dining, and essential services.
  • Consistently high occupancy rates and stable rental income with long-term tenants in place, offering immediate cash flow from day one.
  • Well-maintained with recent updates to key systems and infrastructure, minimizing capital expenses and simplifying property management.
  • Room to increase rental income by aligning with current market rates, perfect for investors looking to maximize ROI in a growing rental market.

OVERVIEW

504 Angels Road presents an exceptional opportunity to acquire a fully occupied, income-generating 8-unit apartment complex in the heart of San Andreas, CA. The property is strategically located just minutes from downtown, local shopping, restaurants, and essential services - making it an ideal location for long-term tenants. With a strong rental history, consistent occupancy, and long-term residents in place, the complex provides investors with immediate, reliable cash flow and stability in a desirable market. This well-maintained property offers both security and growth potential. Recent upgrades to key systems have reduced maintenance costs, ensuring a low-maintenance investment, while below-market rents create a clear path for increased revenue and long-term value appreciation. With a current cap rate of 6.30% and NOI of $75,588, this property is a turnkey opportunity that combines strong performance with upside potential, perfect for both seasoned investors and those looking to expand their multifamily portfolio in one of Calaveras County’s most attractive rental markets

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$109 USD /SF

# OF UNITS

8

PRICE/UNIT

$150,000

CAP RATE

6.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Angels Road Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

CP

APN/PARCEL ID

042-032-015-000

ASK ABOUT THIS PROPERTY

Andy HodgsonColliersMore Info
209-401-9085

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

Andy HodgsonColliersMore Info
209-401-9085

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