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The Angels Road Apartments 504 Angels Rd 8 Unit Apartment Building $1,555,313 CAD ($194,414 CAD/Unit) 7.02% Cap Rate San Andreas, CA 95249
INVESTMENT HIGHLIGHTS
- A rare opportunity to own a fully-rented, cash-flowing 8-unit apartment complex in the heart of San Andreas.
- Consistently high occupancy rates and stable rental income with long-term tenants in place, offering immediate cash flow from day one.
- Room to increase rental income by aligning with current market rates, perfect for investors looking to maximize ROI in a growing rental market.
- Situated just minutes from downtown, shopping, dining, and essential services.
- Well-maintained with recent updates to key systems and infrastructure, minimizing capital expenses and simplifying property management.
EXECUTIVE SUMMARY
504 Angels Road presents an exceptional opportunity to acquire a fully occupied, income-generating 8-unit apartment complex in the heart of San Andreas, CA. The property is strategically located just minutes from downtown, local shopping, restaurants, and essential services - making it an ideal location for long-term tenants. With a strong rental history, consistent occupancy, and long-term residents in place, the complex provides investors with immediate, reliable cash flow and stability in a desirable market.
This well-maintained property offers both security and growth potential. Recent upgrades to key systems have reduced maintenance costs, ensuring a low-maintenance investment, while below-market rents create a clear path for increased revenue and long-term value appreciation. With a current cap rate of 7.02% and NOI of $78,972, this property is a turnkey opportunity that combines strong performance with upside potential, perfect for both seasoned investors and those looking to expand their multifamily portfolio in one of Calaveras County’s most attractive rental markets
This well-maintained property offers both security and growth potential. Recent upgrades to key systems have reduced maintenance costs, ensuring a low-maintenance investment, while below-market rents create a clear path for increased revenue and long-term value appreciation. With a current cap rate of 7.02% and NOI of $78,972, this property is a turnkey opportunity that combines strong performance with upside potential, perfect for both seasoned investors and those looking to expand their multifamily portfolio in one of Calaveras County’s most attractive rental markets
PROPERTY FACTS
| Price | $1,555,313 CAD | Property Subtype | Apartment |
| Price Per Unit | $194,414 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.02% | Lot Size | 0.26 AC |
| Gross Rent Multiplier | 8.47 | Building Size | 11,000 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Zoning | CP | ||
| Price | $1,555,313 CAD |
| Price Per Unit | $194,414 CAD |
| Sale Type | Investment |
| Cap Rate | 7.02% |
| Gross Rent Multiplier | 8.47 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 11,000 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Zoning | CP |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | 750 |
| 3+1 | 2 | - | 1,000 |
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PROPERTY TAXES
| Parcel Number | 042-032-015-000 | Improvements Assessment | $483,299 CAD |
| Land Assessment | $152,615 CAD | Total Assessment | $635,914 CAD |
PROPERTY TAXES
Parcel Number
042-032-015-000
Land Assessment
$152,615 CAD
Improvements Assessment
$483,299 CAD
Total Assessment
$635,914 CAD
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The Angels Road Apartments | 504 Angels Rd
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