91 Summit Ave - Apartments FOR SALE


Sonora, CA 95370
$3,950,000 USD
209-481-5438
91 Summit Ave, Sonora, CA for Sale
$3,950,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

91 Summit Ave
Sonora, CA 95370


OVERVIEW

Hillcrest House Apartments, located at 91 Summit Avenue in Sonora, CA, is a 28- unit multifamily community positioned in the desirable Myers Hill neighborhood near downtown Sonora. The property consists of several one-story and two-story buildings offering a mix of one- and two­bedroom units designed to meet the needs of a broad tenant base. Built in 1976, the asset provides functional layouts ranging approximately from 636 to over 900 square feet, with features including private patios or decks, assigned carport parking, and storage. Residents benefit from attractive community amenities such as a swimming pool, landscaped grounds, and on-site laundry facilities, supporting strong tenant retention and consistent occupancy. The property is conveniently located within walking distance to downtown Sonora and is in close proximity to shopping centers, healthcare facilities, and major recreational destinations. The surrounding area is considered the cultural and commercial hub of Tuolumne County, offering stable rental demand driven by local employment and regional tourism. Hillcrest House Apartments presents investors with a well- located, stabilized asset in a supply-constrained rental market, with additional upside through continued operational improvements and rent growth.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

28

PRICE/UNIT

$141,071

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hillcrest House Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

R2

APN/PARCEL ID

001-262-006-000,001-271-009-000,001-271-019-000,001-271-020-000

ASK ABOUT THIS PROPERTY

Jacob FriedrichCoSoL Commercial Real EstateMore Info
209-481-5438

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Jacob FriedrichCoSoL Commercial Real EstateMore Info
209-481-5438

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