1355 Stabler Ln | Yuba City, CA 95993
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1355 Stabler Ln
Yuba City, CA 95993
Rancho Carmel · Multifamily Property For Sale
·
49 Units
INVESTMENT HIGHLIGHTS
- Garden Style Community With Amenities Including: Clubhouse, Pool, Tennis Court, Carport Covered Parking, Storage, On-Site Laundry and Sauna
- 5.48% Current CAP Rate Underwritten to a Realistic 48% Expense Load.
- Fantastic Location.
- Low-Basis Offering at $138,671/Unit and 9.71 GRM (Current Avg. rents of $1,200/unit).
- Stabilized 6.84% CAP Rate Upon Loss-to-Lease Recapture.
PROPERTY FACTS
| No. Units | 49 | Building Size | 27,874 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1976/2001 |
| Building Class | B | Parking Ratio | 2.26/1,000 SF |
| Lot Size | 2.79 AC | ||
| Zoning | R3 | ||
| No. Units | 49 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.79 AC |
| Building Size | 27,874 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1976/2001 |
| Parking Ratio | 2.26/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Ceiling Fans
- Refrigerator
- Walk-In Closets
- Smoke Free
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Pool
- Sauna
- Tennis Court
- Gameroom
- Grill
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 49 | - | 540 - 590 |
PROPERTY TAXES
| Parcel Number | 59-220-021 | Improvements Assessment | $6,070,000 |
| Land Assessment | $650,000 | Total Assessment | $6,720,000 |
PROPERTY TAXES
Parcel Number
59-220-021
Land Assessment
$650,000
Improvements Assessment
$6,070,000
Total Assessment
$6,720,000
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