150 Drouin Dr | Rio Vista, CA 94571
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- LoopNet Team
150 Drouin Dr
Rio Vista, CA 94571
Auction Court Ordered Rio Vista Apts. · Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- Court ordered auction starting bid $2.5 million
- market rent upside
- apprx 75% occupied
- Proforma annual gross income $468,000
- vacancies allow new owner to obtain market rents
- Recently lender appraised at $5,025,000
PROPERTY FACTS
| No. Units | 28 | Building Size | 21,672 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1963 |
| Building Class | C | Parking Ratio | 2.39/1,000 SF |
| Lot Size | 1.52 AC | ||
| Zoning | R-4 - Multiple Residential | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.52 AC |
| Building Size | 21,672 SF |
| Average Occupancy | 96% |
| No. Stories | 1 |
| Year Built | 1963 |
| Parking Ratio | 2.39/1,000 SF |
| Zoning | R-4 - Multiple Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Granite Countertops
- Hardwood Floors
SITE AMENITIES
- Courtyard
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | - | 675 |
| 2+1 | 19 | - | 821 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,677,513 | |
| Land Assessment | $637,173 | Total Assessment | $3,314,686 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$637,173
Improvements Assessment
$2,677,513
Total Assessment
$3,314,686
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