Anderson Six Building Investment 5243 Poplar Ave 6 Unit Apartment Building $907,348 CAD ($151,225 CAD/Unit) 6.01% Cap Rate Anderson, CA 96007

Rare six building investment featuring one 3bd/2bth house, two 2bd/2bth houses, one duplex with two 2bd/2bth units, and one 2bd/2bth mobile home. The property is 100% tenant occupied with all tenants on month-to-month leases with rents 50%+ under market providing exceptional rental upside. The buildings were built in 1972, offer approximately 3,300 square feet of rental space, and all sit on a large 4.12 acre lot with ample room for expansion, development, etc. The buildings are all separately metered for gas and electric with low annual operating expenses. All the buildings have large backyards with room for parking and outdoor activities. This is an ideal property for an investor seeking max rental upside or owner-occupants seeking an investment that will allow them to occupy one house and rent the other buildings to cover all expenses. Anderson is a small city in Shasta County, Northern California, about 10 miles south of Redding. The city is largely rural with both residential neighborhoods and agricultural or undeveloped land.
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