93 S 2nd St - Apartments FOR SALE


Rio Vista, CA 94571
$4,595,000 USD
650-219-7299
93 S 2nd St, Rio Vista, CA for Sale
$4,595,000 USD
Apartments - FOR SALE
1/4
null | 4.51% Cap Rate

93 S 2nd St
Rio Vista, CA 94571


HIGHLIGHTS

  • New Construction, completed in January of 2023
  • 12 Apartments and 3 Retail Units
  • Located Close to Downtown Rio Vista and Main Street
  • Ample Reserved Parking

OVERVIEW

93 S. 2nd Street is a low-rise, three-story, 15-unit multifamily/retail complex with private parking lot in Rio Vista, California. This community offers small residential units that appeal to individuals and small families, with a unit mix of nine one-bedroom units and three two-bedroom units with 6 incredible open floor plans. Several of the apartments include a den and/or spacious patio or balcony, with many showcasing incredible views of Sacramento River. New Construction, completed in January of 2023, the apartments feature LVF flooring, large closets, double-pane windows bringing in natural light, quartz countertops, and stainless-steel appliances. The occupants enjoy community patio/picnic area for family BBQs; shared coin operated laundry room with two washer/dryer combos; large parking lot with assigned space for each unit; large ADA elevator; key-less secure entry; and security cameras throughout the building. Ground floor is comprised of three office/retail units, each with private bathroom. Located on the corner of S. 2nd Street and Montezuma, 1 block from Main Street. This well-maintained complex is within walking distance of all the shopping, grocery, restaurants, and nightlife in Downtown Rio Vista and Main Street. Enjoy a park, playground, and River walks within walking distance around our building.

FOR SALE DETAILS

PRICE

$4,595,000 USD

PRICE/SF

$231 USD /SF

# OF UNITS

15

PRICE/UNIT

$306,333

CAP RATE

4.51%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

93 & 45 S 2nd St, Rio Vista

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C2

APN/PARCEL ID

0049-165-140,0049-165-200,0049-165-210

ASK ABOUT THIS PROPERTY

Jack Hirsch CCIMRealty World Hirsch & AssociatesMore Info
650-219-7299

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Jack Hirsch CCIMRealty World Hirsch & AssociatesMore Info
650-219-7299

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