Comm Ri Multi-units 5+ For Sale
7,890 Sqft - 1495 Bassett Drive, CONCORD, California 94522
Property Description
Ten units on the corner of Clayton Rd and Bassett Dr. Desirable unit mix of 1 – 1bd/1ba, 8 – 2bd/1ba & 1 – 3bd/1ba. Some unit updating, incl. granite counters, tile floors and shower surrounds. Vinyl windows throughout majority of building. Sep. water heaters for each unit. Low operating expenses. Exc. repositioning opportunity to significantly increase cash flow. Below market rents. Proforma cap rate – 7.37%.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40792245
Price : $2,070,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 7,890 Sqft
Year Built : 1963
Lot Area : 0.27 Sqft
Features
Heating System : Wall Furnace
Cooling System : Window/wall Unit(s)
Roof : Unknown
Address Map
Country : US
State : CA
County : Contra Costa
City : CONCORD
Zipcode : 94522
Street : Bassett Drive
Street Number : 1495
Floor Number : 0
Longitude : W122° 1' 20.6''
Latitude : N37° 57' 32.6''
MLS Addon
Office Name : Colliers International
Building Type : Apt Complex
Area : Concord
Address : 1495 Bassett Drive
Cross Street : Clayton Road
Directions to Property : Clayton Rd to Bassett Drive
LA1User Code : 183504786
LA1Agent First Name : Richard
LA1Agent Last Name : Martini
Status Category : Sold
Tot # Parking Spaces : 10
Tot # of Units : 10
List $/SqFt : $262
Age : 54
Apx Lot Sq Ft : 11,640 Sqft
Type of Building : Apt Complex
Annual Taxes : $28,298
Total Deposits : $0
ADDTL FEATURES MISC. : Wired For Cable Tv
ALL UNITS HAVE : Oven Range Free Standing, Refrigerator, Disposal
EQUIPMENT ADDITIONAL : Water Heater Gas, Window Coverings
EXTERIOR : Stucco
FLOORING : Carpet, Tile
LOT DESCRIPTION : Regular
ON-SITE PARKING DESC : Space Per Unit - 1, Carport - 1
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, License/ads, Other, Property Tax/assessments, Trash Removal, Utilities, Vacancy Factor, Water, Miscellaneous/other
SEPARATE METERS : Electric, Gas
TENANT PAYS : Cable Tv, Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : In Laundry Room, Coin Operated, Common Room, Laundry Equip - Leased
Census Tract : 667345
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $6,864
2nd Loan Balance : $171,600
Tot Other Loans : $2,991
Financial Data Verif(Y/N) : 5.34
FINANCIAL DATA SOURCE : Owner
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,070,000
Sold Price : $2,050,000
Previous Price : $2,070,000
Sale $/SqFt : $0
