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Vallejo 8 Units with Excellent Cash Flow 601 Alabama St 8 Unit Apartment Building $2,086,900 CAD ($260,863 CAD/Unit) 7.39% Cap Rate Vallejo, CA 94590

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INVESTMENT HIGHLIGHTS

  • 8-Unit Apartment Complex Featuring Eight 1bd/1bth Units with Excellent Current Cash Flow
  • Remodeled Interior with Newer Kitchens and Bathrooms, Newer Flooring, Paint, Lighting and More
  • Separately Metered for PG&E with Low Annual Expenses
  • Easy to Manage and 100% Occupied by Stable Tenants
  • Upgraded Exterior with Fresh Paint, New Roof, Private Security Gate, Signage, and Updated Drainage System
  • High Demand Location Close to Restaurants, Shopping Mare Island, and the Vallejo Marina and Ferry Terminal

PROPERTY FACTS

Price $2,086,900 CAD
Price Per Unit $260,863 CAD
Sale Type Investment
Cap Rate 7.39%
Gross Rent Multiplier 9.58
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 3,486 SF
Average Occupancy 100%
No. Stories 2
Year Built 1961
Parking Ratio 1.25/1,000 SF
Opportunity Zone Yes
Zoning LDR, Vallejo

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Tub/Shower

SITE AMENITIES

  • Laundry Facilities
  • Gated

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 - 435
Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0056-076-020
Land Assessment
$400,128 CAD
Improvements Assessment
$1,564,136 CAD
Total Assessment
$1,964,263 CAD
  • Listing ID: 36939420

  • Date on Market: 2025-07-26

  • Last Updated:

  • Address: 601 Alabama St, Vallejo, CA 94590

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