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124 E 13th St
Marysville, CA 95901
Casa Milano · Multifamily Property For Sale
·
28 Units
PROPERTY FACTS
| No. Units | 28 | Lot Size | 0.58 AC |
| Property Type | Multifamily | Building Size | 15,550 SF |
| Property Subtype | Apartment | Average Occupancy | 96% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1976 |
| Zoning | R-4 | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 15,550 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1976 |
| Zoning | R-4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Gated
ABOUT 124 E 13TH ST , MARYSVILLE, CA 95901
Casa Milano Apartments is a 28-unit, 100% Occupied two story multi-family property located in Marysville, CA. The property consists of (3) studio/one-bathroom units with approximately 500 square feet, (23) one-bedroom/one-bathroom units with approximately 550 square feet, and (2) two-bedroom/one-bathroom with approximately 700 square feet. A majority of the units having recently upgraded interiors with new cabinets, countertops, appliances, and vinyl flooring. The property also has many exterior improvements such as new paint, updated landscaping, and a cast-iron entry gate. Casa Milano Apartments offers an exceptional value-add investment opportunity with a proven upside strategy bringing rents up to market which would equate to 8.14% cap rate, and adding additional revenue by implementing RUBS. Casa Milano Apartments is within a few miles from the downtown area, shopping centers, restaurants, and walking distance to Marysville High School. Also a few miles from Yuba City. Located right off Highway 70, a 45-minute drive to Sacramento and Roseville.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 23 | - | 550 |
| 2+1 | 2 | - | 700 |
| Studios | 3 | - | 500 |
PROPERTY TAXES
| Parcel Number | 009-235-014-000 | Improvements Assessment | $2,499,000 |
| Land Assessment | $357,000 | Total Assessment | $2,856,000 |
PROPERTY TAXES
