1706-1708 Sutter St 5 Unit Apartment Building $1,900,435 CAD ($380,087 CAD/Unit) 7.12% Cap Rate Vallejo, CA 94590



INVESTMENT HIGHLIGHTS
- (4) 1 bed, 1 bath units + (1) Studio + Commercial parking lot; Walk Score® Very Walkable (88)
- Separately Metered for PG&E - 3/5 Units Pay All utilities
- High 7.12% in Place Cap Rate & 8% Market Cap! Excellent in place income with significant upside in the rents
- Parking Lot Can Be Leased for ~$3K/Month - Passive Income Opportunity!
- Opportunity Zone!
- Recent Renovations - New Staircases, New Water Heater, Upgrades to Studio
EXECUTIVE SUMMARY
1706-1708 Sutter St & 604 Tennessee St. - (4) 1 bed, 1 bath units + (1) Studio + (1) Commercial Parking Lot
SELLER FINANCING AVAILABLE
Parking Lot Can Be Leased for ~$3K/Month - Passive Income Opportunity!
Recent Renovations - New Staircases, New Water Heater, Upgrades to Studio
Separately Metered for PG&E - 3/5 Units Pay All utilities
Opportunity Zone!
Walk Score® Very Walkable (88)
Excellent in place income with significant upside in the rents
High 7.12% in Place Cap Rate & 8% Market Cap!
SELLER FINANCING AVAILABLE
Parking Lot Can Be Leased for ~$3K/Month - Passive Income Opportunity!
Recent Renovations - New Staircases, New Water Heater, Upgrades to Studio
Separately Metered for PG&E - 3/5 Units Pay All utilities
Opportunity Zone!
Walk Score® Very Walkable (88)
Excellent in place income with significant upside in the rents
High 7.12% in Place Cap Rate & 8% Market Cap!
PROPERTY FACTS
UNIT AMENITIES
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Wi-Fi
SITE AMENITIES
- Fenced Lot
- On-Site Retail
- Wi-Fi
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
1+1 | 4 | $2,305 CAD | 790 |
Studios | 1 | $1,689 CAD | 790 |
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $381,179 CAD | |
Land Assessment | $154,193 CAD | Total Assessment | $535,372 CAD |