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709 Pope Dr
Vallejo, CA 94591
Immeuble residentiel Propriété À vendre
·
4 Unités
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Very well maintained propertty. Owner is a retired contractor.
- One 2 bedroom vacancy- perfect for owner occupier
Résumé de l'annonce
Exceptional Investment Opportunity.
Offered for the first time in many years, this well-maintained fourplex reflects true pride of ownership and represents a rare addition to the market. The property features strong in-place income with rents near current market levels, allowing for immediate and stable cash flow.
Offered at an approximate 6.9% capitalization rate, the asset delivers positive cash flow with 30% down, with increased returns as equity investment increases. This property is ideally suited for an investor completing a 1031 exchange, particularly those transitioning from a smaller multifamily asset into a larger, income-producing property.
Each unit is separately metered for gas and electricity, minimizing owner expenses. Vallejo does not have local rent control; therefore, the property is subject to California statewide rent control, allowing for annual rent increases of up to 5% plus CPI, providing a clear path for long-term income growth.
A compelling opportunity for investors seeking a stable asset with immediate income and built-in upside.
Disclosure file here: https://app.disclosures.io/link/709-Pope-Drive-38ngsuoj ( copy & paste)
Offered for the first time in many years, this well-maintained fourplex reflects true pride of ownership and represents a rare addition to the market. The property features strong in-place income with rents near current market levels, allowing for immediate and stable cash flow.
Offered at an approximate 6.9% capitalization rate, the asset delivers positive cash flow with 30% down, with increased returns as equity investment increases. This property is ideally suited for an investor completing a 1031 exchange, particularly those transitioning from a smaller multifamily asset into a larger, income-producing property.
Each unit is separately metered for gas and electricity, minimizing owner expenses. Vallejo does not have local rent control; therefore, the property is subject to California statewide rent control, allowing for annual rent increases of up to 5% plus CPI, providing a clear path for long-term income growth.
A compelling opportunity for investors seeking a stable asset with immediate income and built-in upside.
Disclosure file here: https://app.disclosures.io/link/709-Pope-Drive-38ngsuoj ( copy & paste)
Faits sur la propriété
| Prix par unité | 432 675 $ CAD | Style d’appartement | De faible hauteur |
| Type de vente | Investissement | Classe d’immeuble | C |
| Taux de capitalisation | 6,91% | Taille du lot | 0,24 AC |
| Multiplicateur du loyer brut | 6.9 | Taille du bâtiment | 4 265 pi² |
| Nombre d’unités | 4 | Occupation moyenne | 75% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 2 |
| Sous-type de propriété | Appartement | Année de construction | 1969 |
| Zonage | RM - Residential Medium Density | ||
| Prix par unité | 432 675 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,91% |
| Multiplicateur du loyer brut | 6.9 |
| Nombre d’unités | 4 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,24 AC |
| Taille du bâtiment | 4 265 pi² |
| Occupation moyenne | 75% |
| Nombre d’étages | 2 |
| Année de construction | 1969 |
| Zonage | RM - Residential Medium Density |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 8+5 | 4 | - | - |
Impôts fonciers
| Numéro de lot | 0072-272-110 | Évaluation des bâtiments | 1 061 473 $ CAD |
| Évaluation du terrain | 482 483 $ CAD | Évaluation totale | 1 543 956 $ CAD |
Impôts fonciers
Numéro de lot
0072-272-110
Évaluation du terrain
482 483 $ CAD
Évaluation des bâtiments
1 061 473 $ CAD
Évaluation totale
1 543 956 $ CAD
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