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CASH COW!!!
4050 & 4080 Burke Hill Drive, Ukiah, CA 95482
Last Verified 10/1/2009
Listing ID 14901256
Highlights
CASH COW- All Rehabbed Units
- Low Maintenance
- Country Feel, Easy Access to Town
- In The Path of Growth
Description
Cash flow in California! Two legal parcels totaling nearly 4 acres nesstled between vineyards in Ukiah, CA. One parcel has a 15-space mobile home park and a laundry room. The second parcel has a 10-unit building, a 3 bedroom home, a laundry room, and carports. Entire property has been refurbished in past 24 months. Low rents and high demand give this property plenty of upside!
Square footage and year built are unknown.
Nestled in between vineyards in Ukiah, California, this property is in the path of growth. Ukiah is the county seat of Mendocino County and approximately 100 miles north of San Francisco. The Sonoma County Wine Country is withing a half hour drive.
Proforma
2006
$177,384
$125,558
| Description | No. Units | Avg. Mo. Rent | |
|---|
| Trailer Space Rent | 15 | $400 | |
| 2 Bedroom Apartment | 1 | $700 | |
| 1 Bedroom Apartment | 7 | $600 | |
| Studio Apartment | 2 | $500 | |
| 3 Bedroom SFR | 1 | $1,150 | |
Map of 4050 & 4080 Burke Hill Drive, Ukiah, CA 95482 (Mendocino County)
Created 11/29/2006
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.