Hilborn Apartments 144 Hilborn St 14 Unit Apartment Building $2,400,000 ($171,429/Unit) 6.77% Cap Rate Vallejo, CA 94590

North Valley RE Advisors is pleased to present the 14-unit apartment property located at 144 Hilborn Street in Vallejo, California. The subject property consists of fourteen (14) one-bedroom, one-bathroom apartment units situated in the desirable Vallejo Heights neighborhood.
The property features a highly efficient unit mix comprised entirely of 1x1 units, a consistently strong rental format that appeals to a wide range of tenants in the Vallejo rental market. The building offers investors a well-located multifamily asset positioned within close proximity to major employment centers, transportation corridors, the Vallejo waterfront, and elevated West facing views of the Napa River.
144 Hilborn Street presents investors with the opportunity to acquire a well-positioned 14-unit apartment building in a supply-constrained Bay Area rental market. With Vallejo continuing to benefit from its relative affordability compared to other Bay Area cities, the property is well positioned to attract steady tenant demand from renters seeking access to regional employment centers while maintaining more attainable housing costs.
Offered at a list price of $2,400,000, the property provides investors the opportunity to acquire a well-maintained multifamily asset with attractive potential for future rental growth in one of the Bay Area’s most accessible rental markets.
Email Marc Guillon for the Offering Memo.