725-735 Lakeside Dr - Apartments FOR SALE


Red Bluff, CA 96080
$1,895,000 USD
916-303-0133
725-735 Lakeside Dr, Red Bluff, CA for Sale
$1,895,000 USD
Apartments - FOR SALE
1/14
null | 6.95% Cap Rate

725-735 Lakeside Dr
Red Bluff, CA 96080


HIGHLIGHTS

  • All spacious 3-bedroom units, built in 2010
  • Modern kitchens, central HVAC, and washer/dryer hookups
  • Private balconies and premium laminate flooring
  • Scenic location near the Sacramento River and close to amenities
  • Strong market rents
  • Onsite parking

OVERVIEW

The 12-unit apartment complex at 725-735 Lakeside Drive in Red Bluff, CA offers a strong investment opportunity with rental upside. Built in 2010, all units feature spacious three-bedroom layouts, modern kitchens, central HVAC, washer/dryer hookups, and private balconies. The property sits on a large lot with ample onsite parking and enjoys a scenic location near the Sacramento River. Residents benefit from proximity to shopping, dining, schools, medical facilities, and easy access to Interstate 5. With 83% occupancy and a proforma cap rate of 6.95%, this well-maintained complex is ideal for investors seeking stable cash flow and future growth. 75% of the balconies have been updated to comply with SB 721.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

12

PRICE/UNIT

$157,917

CAP RATE

6.95%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2010

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

R3

APN/PARCEL ID

041-031-031-000,041-031-032-000

ASK ABOUT THIS PROPERTY

Adrian Del RioPCG CommercialMore Info
916-303-0133

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Adrian Del RioPCG CommercialMore Info
916-303-0133

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