Multifamily Property For Sale - DOSSI WAY 4-PLEX

69 Dossi Way, Sonora, CA, 95370

 
Arrow

THIS PROPERTY IS NO LONGER AVAILABLE. Try searching our over 640,000 other properties.

You may enter a US or Canadian location in the following formats:

  • Zip Code
  • City, State
  • State

For additional search options, go to Advanced Search.

Submit your search for Commercial Real Estate

e.g. Los Angeles, CA or 91016


DOSSI WAY 4-PLEX

 

69 Dossi Way

Sonora, California 95370
County: Tuolumne
 
   Photos
Image 1 of 1
 
 
  For Sale Off-Market  
Type:Multifamily
Duplex/Triplex/Fourplex
No. Units:4
Building Size:2,600 SF
Lot Size:0.29 Acres
Occupancy:100.00%
Price:N/A
Price/Unit:N/A
Cap Rate:6.15%
Cash On Cash:38.73%
Year Built:1980
Date Last Verified:10/24/2003
Property ID:13701071
 
  Options
View the location of this property Map
Access demographics for this location Demographics
Print a summary of this listing Print Summary
Print a summary, maps, demographics and photos Print ALL
 Additional Information 

Property Description:
This is a great opportunity to purchase investment property in a rapidly appreciating market. Population in this area is expected to double over the next five years. Priced at $94,000/unit this is a great deal. You can't even get a fixer-upper for less than 120k in this area. Rents support property. Seller is doing a 1031 exchange. Make offers subject to visual inspection. I would be happy to provide you with financials and 5 and 10 year projected performance forcasts. Thanks.

Location Description:
Located off of HWY# 49 in a high trafic location but away from the road noise.

 Highlights 
Property has been well maintained.All tenants pay on time and are long term.
 
Rental property is in high demand.No vacancy rate to speek of/low turn over rate.
 
Great demographics!!!  
  Financial Summary Actual  
Scheduled Gross Income:$31,320
  Vacancy:$940
Effective Gross Income:$30,380
  Maintenance:$300
  Taxes:$3,700
  Insurance:$800
  Other Expenses:$0
Net Operating Income:$23,400
  Debt Service:$21,872
  Other Capital Costs:$0
Pre-Tax Cash Flow:$1,529
 
  Unit Mix Information
2 bed. 1 ba.
No. Units: 1
SF: 650
Avg. Mo. Rent: $660
 
2 bed. 1 ba.
No. Units: 2
SF: 650
Avg. Mo. Rent: $650
 
2 bed. 1 ba.
No. Units: 3
SF: 650
Avg. Mo. Rent: $650
 
2 bed. 1 ba.
No. Units: 4
SF: 650
Avg. Mo. Rent: $650
 
 
  Debt & Equity Information
Debt Type:Proposed
Loan Amount:$304,000
Interest Rate:6.00%
Amortized Over:30
Due In:30
Annual Debt Service:$21,872
Down Payment:$75,000
6/4/2003




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.
 
 

Cityfeet.com – Commercial Real Estate Network BizBuySell LandAndFarm.com LoopNet Partners