Comm Ri Multi-units 5+ For Sale
18,491 Sqft - 164 Frontage Rd., RIPON, California 95366
Property Description
Turnkey Investment. 8.3 CAP Rate. 23 units in small town America. Great schools, safe parks, low crime. Aattractive quality of life for tenants. Separate utilities for low expenses. Individual central heat & air for all units. Individual washer/dryers in all units. Upgraded pool. Cash Flow!
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40551446
Price : $1,449,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 18,491 Sqft
Year Built : 1980
Lot Area : 1 Sqft
Features
Heating System : Forced Air 1 Zone
Cooling System : Central 1 Zone A/c
View : Other
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : San Joaquin
City : RIPON
Zipcode : 95366
Street : Frontage Rd.
Street Number : 164
Floor Number : 0
Longitude : W122° 51' 38.1''
Latitude : N37° 45' 4.5''
MLS Addon
Office Name : ANNE BRUFF & ASSOCIATES
Building Type : Garden Apts
Area : San Joaquin County
Address : 164 Frontage Rd.
Cross Street : Main
LA1User Code : R00517413
LA1Agent First Name : ANNE
LA1Agent Last Name : BRUFF
Status Category : Sold
Tot # Parking Spaces : 31
Tot # of Units : 23
List $/SqFt : $78
Age : 33
Apx Lot Sq Ft : 42,253 Sqft
Type of Building : Apt Complex
Annual Taxes : $18,194
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Wired For Cable Tv, Greenbelt, Garden, Extra Storage, Play Area, Lawn Sprinkler, In Ground Pool, Recreation
ALL UNITS HAVE : Refrigerator, Oven Range Built-in, Disposal, Updated Baths
EQUIPMENT ADDITIONAL : Window Coverings
EXTERIOR : Wood Siding, Stone
FLOORING : Linoleum, Carpet
LOT DESCRIPTION : Level
ON-SITE PARKING DESC : Covered Parking, Spaces - Assigned, Guest Parking
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Patio, Updated Baths, Updated Kitchen, Dishwasher, Deck
TENANT PAYS : Cable Tv, Electric
WATER/SEWER : Sewer System - Public
Census Tract : 06077000
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Arm
Other Loans (Y/N) : No
1st Loan Balance : $24,774
2nd Loan Balance : $201,300
Tot Other Loans : $0
Financial Data Verif(Y/N) : 8.30
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 : $1,449,000
Sold Price : $1,190,000
Previous Price : $1,449,000
Sale $/SqFt : $0
