745 F St - Apartments FOR SALE


Davis, CA 95616- Central Davis
$3,500,000 USD
530-746-1795
745 F St, Davis, CA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/31
null | 5.4% Cap Rate


HIGHLIGHTS

  • Prime, centrally located Davis location close to UC Davis and downtown Recent capital improvements include new roof, new electrical panels, newer HVAC
  • Recent capital improvements - new roof, electrical panels, new HVAC for most units, new exterior paint
  • Asphalt replacement, pool resurfacing and walkway work.
  • Low vacancy rate attributable to City of Davis long standing "slow growth" environment
  • Close to grocery shopping, coffee shops, restaurants, entertainment and other amenities. Located on a transit line

OVERVIEW

Stratford place features a diverse mix of thirteen 2 bedroom 1 bath units, four 1 bedroom, 1 bath and two studio units, providing appeal to a broad tenant base. Residents benefit from included city of Davis utilities and PG&E, a parking space, and convenient on-site laundry facilities, make the property attractive for tenants and operationally efficient for ownership. Close proximity to UC Davis, downtown, groceries, entertainment and amenities. On transit line. Low vacancy rate attributed to City of Davis long standing slow growth'' environment.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$228 USD /SF

# OF UNITS

19

PRICE/UNIT

$184,211

CAP RATE

5.4%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stratford Place Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

R3M

APN/PARCEL ID

070-165-017-000

ASK ABOUT THIS PROPERTY

Julia WhitmerWindermere Signature Properties DavisMore Info
530-746-1795

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Julia WhitmerWindermere Signature Properties DavisMore Info
530-746-1795

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