Description
This meticulously maintained property comes complete with 12 of 14 units that have been recently remodeled and or updated in the last 24 months. Located on a quiet residential street conveniently located within walking distance to Yuba Sutter Mall with plenty of Restaurant & retail shops.. The next owner can follow the proven renovation remodel & recapture nearly 11% loss to lease on the Feb 2023 rent roll. Yuba City is also a 45-minute drive from Sacramento on either Highway 65 or 70, and less than 2 hours from the Greater Bay Area surrounding in connecting to Interstate 80. This property located at 1235 Williams way for a total of 28 units for $4,950,000 with a combined cap of nearing a 5.5 cap with a proforma of close to a 7% cap after Year 1 projections.
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0BEDS
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0.36ACRES
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0BATHS
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01/2 BATHS
School Information
Description
This meticulously maintained property comes complete with 12 of 14 units that have been recently remodeled and or updated in the last 24 months. Located on a quiet residential street conveniently located within walking distance to Yuba Sutter Mall with plenty of Restaurant & retail shops.. The next owner can follow the proven renovation remodel & recapture nearly 11% loss to lease on the Feb 2023 rent roll. Yuba City is also a 45-minute drive from Sacramento on either Highway 65 or 70, and less than 2 hours from the Greater Bay Area surrounding in connecting to Interstate 80. This property located at 1235 Williams way for a total of 28 units for $4,950,000 with a combined cap of nearing a 5.5 cap with a proforma of close to a 7% cap after Year 1 projections.
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