Log In/Sign Up
Your email has been sent.
2115-2135 Waldon St 14 Unit Apartment Building $2,185,913 CAD ($156,137 CAD/Unit) 7.26% Cap Rate Redding, CA 96001
Investment Highlights
- Quiet, shadded, relaxing.
Executive Summary
As Of 10/31/2025 Here is our Financials. We have Two Vacant Units currently Total rents are 11,347.00 .
When we rent the last two and are 100% we will be at 13,497.00 Monthly.
Expenses are running 52,800.00 a year (Including Prop Mgmnt fee 10k. a year)
Sellers have been doing remodels of units so we had a larger vacancy rate in the past, that’s why income is low.
Currently rented ……………………136,164.00
Fully rented will be an income 161,964.00 ...........These numbers can change and may not be accurate, Buyer is responsible, to confirm, and run numbers.
Well Maintained property in a nice area, very peaceful with big shade trees. The city of Redding is blowing up development everywhere, lots of room for rents to keep increasing.
When we rent the last two and are 100% we will be at 13,497.00 Monthly.
Expenses are running 52,800.00 a year (Including Prop Mgmnt fee 10k. a year)
Sellers have been doing remodels of units so we had a larger vacancy rate in the past, that’s why income is low.
Currently rented ……………………136,164.00
Fully rented will be an income 161,964.00 ...........These numbers can change and may not be accurate, Buyer is responsible, to confirm, and run numbers.
Well Maintained property in a nice area, very peaceful with big shade trees. The city of Redding is blowing up development everywhere, lots of room for rents to keep increasing.
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,185,913 CAD | Apartment Style | Garden |
| Price Per Unit | $156,137 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.62 AC |
| Cap Rate | 7.26% | Building Size | 8,483 SF |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| Gross Rent Multiplier | 12.5 | Year Built | 1993 |
| No. Units | 14 | Parking Ratio | 2.48/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | MF | ||
| Price | $2,185,913 CAD |
| Price Per Unit | $156,137 CAD |
| Sale Type | Investment |
| Cap Rate | 7.26% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 12.5 |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 8,483 SF |
| No. Stories | 1 |
| Year Built | 1993 |
| Parking Ratio | 2.48/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MF |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Grill
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | $1,094 CAD | - |
| 1+1 | 7 | $1,504 CAD | - |
| 2+1 | 4 | $1,640 CAD | - |
1 1
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (86)
Property Taxes
| Parcel Number | 102-560-064-000 | Improvements Assessment | $1,193,559 CAD |
| Land Assessment | $224,025 CAD | Total Assessment | $1,417,584 CAD |
Property Taxes
Parcel Number
102-560-064-000
Land Assessment
$224,025 CAD
Improvements Assessment
$1,193,559 CAD
Total Assessment
$1,417,584 CAD
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
California Realtors & Managment
2115-2135 Waldon St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.