1211 Escobar St | Martinez, CA 94553
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- LoopNet Team
1211 Escobar St
Martinez, CA 94553
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Rare Opportunity to Purchase a High Cash Flow Property in the Non Rent Controlled City of Martinez
- Five of the Units Have Washers and Dryers and Four of the Units Have Dens Which Allows For 2bd Conversions
- High Return From First Day of Ownership-6.24% Current Cap & 12.05 Current GRM
- Comprised of Six Spacious 1bd/1bth Units with Large Floorplans and Ability to Convert Some Units Into Two Bedrooms
- 100% Occupied with Immediate Rental Upside & Cash Flow From Day One of Ownership
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,560 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1900/2017 |
| Building Class | C | Parking Ratio | 1.32/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | R-2.5 - Multi-Family Residential: 2,500 SF per dwelling unit | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,560 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2017 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | R-2.5 - Multi-Family Residential: 2,500 SF per dwelling unit |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
- Den
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 373-260-002-2 | Improvements Assessment | $689,785 |
| Land Assessment | $742,845 | Total Assessment | $1,432,630 |
PROPERTY TAXES
Parcel Number
373-260-002-2
Land Assessment
$742,845
Improvements Assessment
$689,785
Total Assessment
$1,432,630
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