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3609 Fairview Dr

5 Unit Apartment Building $2,119,043 CAD ($423,809 CAD/Unit) 6.55% Cap Rate Antioch, CA 94509

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Investment Highlights

Five (5) Well-Maintained 2bd/1bth Units Situated on a 8,450 SF Lot
100% Occupied by Stable, Paying Tenants w/ Immediate Cash Flow from Day One of Ownership
Amenities Include a Covered Carport w/ Parking for Each Unit, Private Garden, and Shared Patio Space

Recent Capital Improvements Include a Brand New Roof Installed, Fresh Paint Throughout, Newly Paved Driveway, Updated Kitchens, etc.
Prime Antioch Location - Easy Access to Highway 4 and Close to Somersville Towne Shopping Center, Costco, Starbucks, Highways, Schools, etc.

Executive Summary

3609 Fairview Dr, presents a stable and turnkey investment opportunity in Antioch, CA. This property features five well-maintained 2-bedroom, 1-bath units, perfectly situated on a spacious 8,450 sq. ft. lot with no deferred maintenance. Recent upgrades include a brand-new roof, fresh paint throughout, a newly paved driveway, new flooring, and fully updated kitchens with modern appliances and granite countertops. With 100% occupancy and stable rent-paying tenants, you’ll enjoy immediate cash flow. Tenants are responsible for gas and electricity, leaving the ability to implement RUBS to offset water and trash expenses. The property offers convenient amenities, including covered carport parking, outdoor and patio space, and is 1.5 miles from Costco and Walmart. Located in a desirable area with easy access to Highway 4, and just minutes from Somersville Towne Center, restaurants, schools, parks, and public transportation, this is an exceptional opportunity for any investor.

Property Facts

Price	$2,119,043 CAD	Apartment Style	Low Rise
Price Per Unit	$423,809 CAD	Building Class	C
Sale Type	Investment	Lot Size	0.19 AC
Cap Rate	6.55%	Building Size	4,287 SF
Gross Rent Multiplier	11.12	No. Stories	2
No. Units	5	Year Built	1969
Property Type	Multifamily	Parking Ratio	1.17/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$2,119,043 CAD
Price Per Unit	$423,809 CAD
Sale Type	Investment
Cap Rate	6.55%
Gross Rent Multiplier	11.12
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.19 AC
Building Size	4,287 SF
No. Stories	2
Year Built	1969
Parking Ratio	1.17/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.