504/488 Dogwood Drive
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504/488 Dogwood Drive
8 Unit Apartment Building $2,189,991 CAD ($273,749 CAD/Unit) Murphys, CA 95247
Investment Highlights
- Subdivison with Pools, Tennis, Golf and more
- Close to town
- Updated
Executive Summary
Welcome to a delightful Octoplex located in the serene and picturesque community of Forest Meadows, CA. This well-maintained property features eight spacious units, each offering a comfortable and modern living experience with 2 bedrooms and 2 bathrooms. Residents enjoy a host of the subdivisons amenities, including two community pools, tennis courts, walking trails, Bocci Ball and a golf course for leisurely activities. The clubhouse and recreational areas provide perfect venues for social gatherings and relaxation. With a total of 18 parking spaces, two for each unit, convenience is never a concern for residents and guests. The Octoplex is ideally situated close to the vibrant downtown area of Murphys, offering easy access to local dining, shopping, wine tasting and entertainment. Adventures await the outdoor enthusiast with a wide array of Lakes, Fishing areas, snow skiing, boating, caverns and so much more. Currently, seven of the units are rented, with one unit reserved for the owner's use. This setup provides a balanced blend of investment opportunity and personal enjoyment in a highly desirable location. Discover the perfect combination of comfort, community, and convenience in this Forest Meadows gem.
Property Facts
| Price | $2,189,991 CAD | Building Class | C |
| Price Per Unit | $273,749 CAD | Building Size | 7,744 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1988 |
| Property Subtype | Apartment | Parking Ratio | 2.07/1,000 SF |
| Apartment Style | Mid Rise |
| Price | $2,189,991 CAD |
| Price Per Unit | $273,749 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Building Size | 7,744 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1988 |
| Parking Ratio | 2.07/1,000 SF |
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Range
- Views
- Carpet
- Basement
- Deck
- Double Pane Windows
- Patio
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | - |
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zoning
| Zoning Code | R-3 |
| R-3 |
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504/488 Dogwood Drive
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