5799 Arboga Rd - Residential Income FOR SALE


Olivehurst, CA 95961
$1,450,000 USD
619-261-5577
5799 Arboga Rd, Olivehurst, CA for Sale
$1,450,000 USD
Residential Income - FOR SALE
1/16
null | 7.03% Cap Rate

5799 Arboga Rd
Olivehurst, CA 95961


HIGHLIGHTS

  • Newer construction
  • No renovations needed
  • Professionally managed
  • Stays rented
  • Each unit has dedicated parking space
  • No shared walls

OVERVIEW

Recently built income producing property. 8 separate homes on .46 acre lot. 5 of the 8 homes were built in the last 6 years. Unit count includes: 2 - 2 bedroom 1 bath units + 1 - 2 bedroom 1.5 bath unit + 5 - 1 bedroom 1 bath units. Monthly gross rent is: $10520. Net after all expenses averages: $8425mo. The units are completely turn key and do not require repairs. Units are individually metered and professionally managed. The newer units are fire sprinklered and include modern design elements such as 9' ceilings, tile floors, wide doorways, led lighting, ultra-efficient heat pumps HVAC systems, granite kitchens, and individual washer/dryers. Each home also has it's own dedicated parking and several of the units include fenced private patios.Truly a turn key investment opportunity in an area that is rapidly appreciating.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$324 USD /SF

CAP RATE

7.03%

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5799 Arboga Road

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

Multifamily

APN/PARCEL ID

020-134-003-000

ASK ABOUT THIS PROPERTY

Jorge VegaTitan Real Estate & DevelopmentMore Info
619-261-5577

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Jorge VegaTitan Real Estate & DevelopmentMore Info
619-261-5577

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