Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high
200 Leisure Way . Vacaville , CA 95687
For sale 26 units of the Heritage Apartments in Vacaville, CA. For more information please contact the Pinza Group Office: 510-725-477 Info@PinzaGroup.com
Posted: 01/03/2020 8:24 am
| On HOMEiZ: 1583 days |
Updated: 4 years ago
| Views: 1015
Location Map
Property Type
Sold
Property Price
$3500000
$3500000
1.15
Acres
$301
11622
Contact listing agent%
0%
$0
$0
0.00
$0
0.821%
$28735
Property Location & Description
For sale 26 units of the Heritage Apartments in Vacaville, CA. For more information please contact the Pinza Group Office: 510-725-477 Info@PinzaGroup.com
Rent Control
Built in 1945 and boasting a unique unit mix of 24 studios, one 2bd/1bth, and one 2bd/2bth, the property presents a unique opportunity for a new or seasoned investor to purchase a well maintained property with high in place rents in a quiet residential location in Vacaville. The Heritage Apartments boast onsite, coin operated laundry, a sparkling pool with common area, a management office, and a tranquil setting.
The Heritage Apartments location makes it ideal for tenant commuters to blend an easy work commute with a short drive to many of California's top destination spots like the Napa and Sonoma Wine Countries, thereby allowing a high-quality lifestyle which is close to all local attractions, freeways, shopping, and dining. These tenant benefits should ensure continued high occupancy, strong demand, and further rent growth at the property for a new owner.
26
$134615
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
0+1 (studios)
24
2.
2+1
1
3.
2+2
1
4.
5.
100%
Wood & Stucco
2
1945
Good
8.15% Current Cap and 8.9 Current GRM
Property Information
Sewer
Sewer System (Public)
Parking
On-street
Assigned Parking
Investment Overview
Investor
Energy Efficiency
No
No Data
N/A
N/A
No
No
No
No
Neighborhood lifestyle
Urban Core
More information
Not in MLS
Listing Presented by
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