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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



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 | Building Class | C |
| Price Per Unit | $260,863 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 3,486 SF |
| Cap Rate | 7.39% | Average Occupancy | 100% |
| Gross Rent Multiplier | 9.58 | No. Stories | 2 |
| No. Units | 8 | Year Built | 1961 |
| Property Type | Multifamily | Parking Ratio | 1.25/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | LDR, Vallejo | ||
| 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 |
1 1
Walk Score®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 0056-076-020 | Improvements Assessment | $1,564,136 CAD |
| Land Assessment | $400,128 CAD | Total Assessment | $1,964,263 CAD |
PROPERTY TAXES
Parcel Number
0056-076-020
Land Assessment
$400,128 CAD
Improvements Assessment
$1,564,136 CAD
Total Assessment
$1,964,263 CAD
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Vallejo 8 Units with Excellent Cash Flow | 601 Alabama St
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