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Wood Oak Apartments
999 West St, Redding, CA 96001
Front View
N/A
16
11,088 SF
Multifamily
Garden/Low-Rise
Investment
3%
7.70%
9
100%
2
1976
0.45 AC
103-020-020
-
Last Verified 7/1/2010
Listing ID 15435510
Highlights
Individually metered electric paid by tenants- On-site coin laundry
- Upside in rents
- 100% occupancy
- No deferred maintenance
- Lots of recent capital improvements
Description
The Wood Oak Apartments is a stabilized 16-unit investment opportunity ready for a new owner. Easy management by an on-site manager, no deferred maintenance, and 100% occupancy make this the perfect turn-key investment. On-site coin laundry provides extra income.
Newer roof, parking lot pavement, appliances & HVAC units mean low maintenance costs. Individually metered electric paid by tenants. 8 one-bedroom & 8 two-bedroom units. New front doors on all units in 2004. Excellent cash flow!
Excellent location in downtown Redding, close to the courthouse, county administration center, and medical centers.
Map of 999 West St, Redding, CA 96001 (Shasta County)
Created 11/12/2007
Additional Information for 999 West Street, Redding, CA 96001
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO