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Lone Tree Meadow 3126 Lone Tree Way 16 Unit Apartment Building $5,513,884 CAD ($344,618 CAD/Unit) 5.90% Cap Rate Antioch, CA 94509
INVESTMENT HIGHLIGHTS
- Ideal Unit Mix Comprised of Fourteen 2bd/1bth and Two 3bd/2bth Units
- Private Balconies, Covered Parking, and Easy Additional Revenue Through Implementation of RUBS & Storage Income Maintenance
- Low Annual Expenses All Units Separately Metered for Water, Gas, & Electric
- Building Entirely Remodeled Inside and Out Within Last Five Years - New Roof, Fully Renovated Units, etc.
- Up and Coming Area Near Shopping and Commercial Buildings & New Developments
- Well Located Close to Shopping, Dining, and Public Transportation- Costco and Antioch BART 1.5 Miles Away
EXECUTIVE SUMMARY
3126 Lone Tree Way presents the opportunity to own a completely remodeled sixteen unit apartment building. Boasting an ideal unit mix of fourteen 850 Sq Ft 2bd/1bth units and two 1150 Sq. Ft. 3bd/2bth units, the property is fully occupied getting high income only slightly below market. Recent improvements include new roof, dual pane windows, remodeled units with new floors, cabinets, appliances and fresh interior and exterior paint. Additionally, the property features private patios, covered parking, and storage space which provides supplemental income for the owner. All units are separately metered for gas, electric, and water providing lower annual expenses. The property is well located near shopping, dining and the Antioch BART station.
EMAIL: INFO@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE
EMAIL: INFO@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 14 | - | 850 |
| 3+2 | 2 | - | 1,150 |
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PROPERTY TAXES
| Parcel Number | 071-094-032-1 | Improvements Assessment | $614,788 CAD |
| Land Assessment | $840,393 CAD | Total Assessment | $1,455,180 CAD |
PROPERTY TAXES
Parcel Number
071-094-032-1
Land Assessment
$840,393 CAD
Improvements Assessment
$614,788 CAD
Total Assessment
$1,455,180 CAD
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Lone Tree Meadow | 3126 Lone Tree Way
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