Historical Multifamily Sale Listing - Greenbriar Apartments

Multifamily For Sale

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Greenbriar Apartments

204-227 King Hiram Lane, Nevada City, CA 95959

N/A

26 Units | Multifamily

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Four plex

Multifamily Property - Off Market

Price:
N/A
No. Units:
26
Building Size:
23,000 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
6%
Occupancy:
100%
No. Stories:
2
Year Built:
1986
Lot Size:
3.13 AC
Parking Ratio:
2 / 1,000 SF
Listing ID
14678319
Last Updated
over 1 year ago

Highlights

  • Rare Nevada City opportunity
  • Upside potential in a generally "no growth" city
  • easy highway access.
  • Close to several shopping areas and downtown

Description

Final Price Reduction!!! The sellers of this property have taken a drastic step to sell quickly. They have lowered the price by an unbelievable $200,000. Always in demand, desirable, Nevada City, in the California Sierra Foothills. Well maintained in a nicely forested area within walking distance of shopping and down town. Historic Golden Chain Highway area that offers ambiance and affordable living in an upscale community.

Hwy 80 to Auburn, Hwy 49 (Golden Chain Highway) to Nevada City, Ridge Rd. turnoff west to Searls right, to King Hiram Lane right, to end of road.

Map of 204-227 King Hiram Lane, Nevada City, CA 95959 (Nevada County)

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Created 6/23/2006