310 E McDowell Ave | Alturas, CA 96101
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
310 E McDowell Ave
Alturas, CA 96101
Alturas Gardens · Multifamily Property For Sale · 64 Units
Investment Highlights
- 64-unit 100% HUD HAP Contract; Section eight(8) project based
- Can save property taxes by bringing non-profit aboard
- 6% in-place cap rate
- Stable and predictable income and cash flow backed by the full faith and credit of the United States Government-HUD
- Very low cost per unit
- Excellent collection records and turn key operation
PROPERTY FACTS
| No. Units | 64 | Lot Size | 4.11 AC |
| Property Type | Multifamily | Building Size | 49,824 SF |
| Property Subtype | Apartment | Average Occupancy | 98% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1974 |
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.11 AC |
| Building Size | 49,824 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1974 |
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $715.00 | 656 |
| 2+1 | 48 | $860.00 | 900 |
PROPERTY TAXES
| Parcel Number | 003-250-021-000 | Improvements Assessment | $3,092,174 |
| Land Assessment | $75,634 | Total Assessment | $3,167,808 |
PROPERTY TAXES
Parcel Number
003-250-021-000
Land Assessment
$75,634
Improvements Assessment
$3,092,174
Total Assessment
$3,167,808
zoning
| Zoning Code | C-1 |
| C-1 |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
