Description
This meticulously maintained property comes complete with 9 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 can also be bought with property next door on 1215 Williams way for a total of 28 units for $4,675,000 with a combined cap of nearing a 5.8 cap with a proforma of close to 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 9 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 can also be bought with property next door on 1215 Williams way for a total of 28 units for $4,675,000 with a combined cap of nearing a 5.8 cap with a proforma of close to 7% cap after Year 1 projections.
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