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235 Arana Dr - Martinez Fourplex 4 Unit Apartment Building Offered at $1,378,500 CAD at a 7.13% Cap Rate Martinez, CA 94553
INVESTMENT HIGHLIGHTS
- Easy Value Add Opportunity
- Two Bedroom Delivered Vacant
EXECUTIVE SUMMARY
Discover a fantastic value add investment opportunity at 235 Arana Dr., where potential buyers can unlock the full upside potential of this fourplex. With a prime location and strong rental demand and one apartment being delivered vacant the new investor can make a few easy property improvements to maximize value & return. Request more info & the offering memorandum.
PROPERTY FACTS
| Price | $1,378,500 CAD | Apartment Style | Garden |
| Price Per Unit | $344,625 CAD | Building Size | 3,360 SF |
| Sale Type | Investment | Average Occupancy | 75% |
| Cap Rate | 7.13% | No. Stories | 2 |
| Gross Rent Multiplier | 9.65 | Year Built/Renovated | 1964/1995 |
| No. Units | 4 | Parking Ratio | 1.19/1,000 SF |
| Property Type | Multifamily |
| Price | $1,378,500 CAD |
| Price Per Unit | $344,625 CAD |
| Sale Type | Investment |
| Cap Rate | 7.13% |
| Gross Rent Multiplier | 9.65 |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Building Size | 3,360 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/1995 |
| Parking Ratio | 1.19/1,000 SF |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Refrigerator
- Range
- Carpet
- Deck
- Garden
- Vinyl Flooring
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | - | - |
| 2+1 | 2 | - | - |
| 1+1 | 1 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 162-341-044-4 | Improvements Assessment | $273,574 CAD |
| Land Assessment | $73,424 CAD | Total Assessment | $346,999 CAD |
PROPERTY TAXES
Parcel Number
162-341-044-4
Land Assessment
$73,424 CAD
Improvements Assessment
$273,574 CAD
Total Assessment
$346,999 CAD
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235 Arana Dr - Martinez Fourplex
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