Tradewind Apartments 1189 Dana Dr 34 Unit Apartment Building $4,850,000 ($142,647/Unit) 6.33% Cap Rate Fairfield, CA 94533

Part of larger ten property portfolio sale that is subject to Court Approval. Non Disclosure Agreement Required prior to review of Offering Memorandum and financial information. Properties offered individually or as part of portfolio.


This offering at 1189 Dana Drive, in Fairfield, CA consists of a thirty-four-unit apartment complex, in an ideal location located one block from the Solano Town Center providing easy access to shopping, dining, and entertainment. The property allows tenants the additional benefit of easy access to Hwy 80, located just two-blocks away providing a convenient location to nearby jobs and employment. Constructed circa 1971 (per property records) the two-story buildings are of wood frame with stucco siding, with pitched composite roofs, and are built on a spacious 0.63-acre parcel, with ample parking. The property features attractive landscaping to the front, with parking on both sides of the buildings, with a central pool area. The complex unit mix consists of (18) 1Br/1-Bath and (16) Br/1-Bath apartments, each with a sliding door to either a balcony or patio. Unit interiors feature carpeted dining room and bedrooms, luxury vinyl plank kitchen and bathroom flooring, resurfaced countertops, gas stoves,
garbage disposals, kitchen ceiling fans, wall-mount air conditioners, and gas-wall heaters. The property is individually metered for gas and electricity, with on-site
laundry and a large detached maintenance building, that also houses the pool pump and pool equipment.