109 Lincoln Way | Auburn, CA 95603
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- LoopNet Team
109 Lincoln Way
Auburn, CA 95603
Lincoln Heights · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Comparative Data Set Shows Current Avg. Rents are Below Market, Allowing For Substantial Upside
- ±900 SF Two-Bedroom/One-Bathroom Floor Plans with Views of the Canyon
- Located in the Affluent City of Auburn, Where Home Prices Regularly Exceed $1,000,000
- 5.15% Current CAP; 6.39% Pro Forma CAP
- Dual Pane Windows & New Roofs (2021)
PROPERTY FACTS
| No. Units | 16 | Building Size | 14,400 SF |
| Property Type | Multifamily | Average Occupancy | 69% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1963 |
| Building Class | B | Parking Ratio | 1.18/1,000 SF |
| Lot Size | 0.80 AC | ||
| Zoning | R3, Auburn - Multiple-Family Residential | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.80 AC |
| Building Size | 14,400 SF |
| Average Occupancy | 69% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.18/1,000 SF |
| Zoning | R3, Auburn - Multiple-Family Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 16 | - | 900 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,822,418 | |
| Land Assessment | $469,200 | Total Assessment | $3,291,618 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$469,200
Improvements Assessment
$2,822,418
Total Assessment
$3,291,618
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