The Dana Apartments 1190 Dana Dr 12 Unit Apartment Building $1,743,000 ($145,250/Unit) 7.33% 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 1190 Dana Drive, in Fairfield, CA consists of a twelve-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 0.36-acre parcel. The property features attractive landscaping to the front and rear, with parking to the side. The complex unit mix consists of (12) 1Br/1-Bath apartments, of efficient 450 square foot floorplans. Unit interiors feature carpeted dining room and bedrooms, luxury vinyl plank kitchen and bathroom flooring, gas stoves, wall-mount air conditioners, and gas wall heaters. The property is individually metered for gas and electricity, with on-site laundry.