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8080 State Highway 99E 7 Unit Apartment Building $610,553 CAD ($87,222 CAD/Unit) 8.87% Cap Rate Los Molinos, CA 96055

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INVESTMENT HIGHLIGHTS

  • Prime location, offering convenience and accessibility to local amenities and attractions

EXECUTIVE SUMMARY

Investment Opportunity in Los Molinos , where opportunity knocks for savvy investors! This charming Five-Plex , newly renovated 5 Studio apartments, walking distance to shopping his property enjoys a prime location, offering convenience and accessibility to local amenities and attractions. Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to step into the real estate market, this property presents a promising opportunity. Currently, all units are fully rented, ensuring immediate returns on your investment. Don't miss your chance to capitalize on this excellent income-generating asset in a thriving rental market.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $66,648 $16.49
Other Income - -
Vacancy Loss - -
Effective Gross Income $66,648 $16.49
Taxes $4,025 $1.00
Operating Expenses $8,331 $2.06
Total Expenses $12,356 $3.06
Net Operating Income $54,292 $13.43

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income (CAD)
Annual $66,648
Annual Per SF $16.49
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $66,648
Annual Per SF $16.49
Taxes (CAD)
Annual $4,025
Annual Per SF $1.00
Operating Expenses (CAD)
Annual $8,331
Annual Per SF $2.06
Total Expenses (CAD)
Annual $12,356
Annual Per SF $3.06
Net Operating Income (CAD)
Annual $54,292
Annual Per SF $13.43

PROPERTY FACTS

Price $610,553 CAD
Price Per Unit $87,222 CAD
Sale Type Investment
Cap Rate 8.87%
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.98 AC
Building Size 4,042 SF
Average Occupancy 100%
No. Stories 1
Year Built 1947
Zoning C3SP - C-3-S-P

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Range
  • Double Pane Windows

SITE AMENITIES

  • Trash Pickup - Curbside

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 7 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
078-350-078-000
Land Assessment
$59,862 CAD (2025)
Improvements Assessment
$314,292 CAD (2025)
Total Assessment
$374,153 CAD (2025)
Annual Taxes
$4,025 CAD ($1.00 CAD/SF)
Tax Year
2023
  • Listing ID: 33586460

  • Date on Market: 2024-10-21

  • Last Updated:

  • Address: 8080 State Highway 99E, Los Molinos, CA 96055

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