7047 Norman Rd - Apartments FOR SALE


Princeton, CA 95970
$895,000 USD
530-624-6664
7047 Norman Rd, Princeton, CA for Sale
$895,000 USD
Apartments - FOR SALE
1/15
null | 8.3% Cap Rate

7047 Norman Rd
Princeton, CA 95970


OVERVIEW

8-unit residential portfolio in Princeton, California. The property consists of eight individual single family houses on one 40,000 square foot lot, totaling approximately 6,300 square feet of living space. Unit mix: three 3-bedroom, 1-bath houses and five 2-bedroom, 1-bath houses. Currently fully rented at $8,800 per month in combined rent. Connected to city water and city sewer. Several units have been remodeled, and several have newer roofs. Asking price: $895,000. Seller financing available with a decent down payment.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$140 USD /SF

# OF UNITS

8

PRICE/UNIT

$111,875

CAP RATE

8.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

R2

APN/PARCEL ID

012-330-007-000

ASK ABOUT THIS PROPERTY

George BoegerGeorge BoegerMore Info
530-624-6664

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George BoegerGeorge BoegerMore Info
530-624-6664

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