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1599 Denkinger Ct
Concord, CA 94521
Villa Diablo · Multifamily Property For Sale
·
16 Units
PROPERTY FACTS
| No. Units | 16 | Lot Size | 1.21 AC |
| Property Type | Multifamily | Building Size | 10,312 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1986 |
| Building Class | C |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.21 AC |
| Building Size | 10,312 SF |
| No. Stories | 2 |
| Year Built | 1986 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Ceiling Fans
- Refrigerator
- Carpet
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Online Services
- Public Transportation
ABOUT 1599 DENKINGER CT , CONCORD, CA 94521
Lee & Associates is pleased to offer an incredible opportunity for a future owner to acquire an asset with strong ownership history and proven market upside. 1599 Denkinger Ct is a 16-unit apartment building comprised of 5 separate buildings, featuring fourteen (14) one-bedroom units and two (2) two-bedroom units. Two of the units have been completely remodedled and market rent was easily achieved, leaving the remaining 14-units with untapped upside capabilities. Each unit features its own private patio or balcony and comes with an assigned parking spot. The property has coin operated on-site laundry, as well as additional storage units. Every unit is separately metered and current ownership has implanted a RUBS program to help decrease the operating expense for a future owner. Located near the base of Mount Diablo, Villa Diablo has convenient access to downtown Concord, Walnut Creek, and Clayton, and all the great shopping, dining, employment, and recreational opportunities that those areas provide. Safeway, CVS, and Starbucks are all within walking distance, and Concord BART is less than 2.5 miles away. Located in a primarily residential neighborhood, tenants enjoy the property’s lush landscaping with mature shade trees, creating a highly sought-after living environment. Villa Diablo is a fantastic opportunity for an investor to purchase a low risk, professionally managed and operated asset with proven market upside.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | - | 620 |
| 2+1 | 2 | - | 816 |
PROPERTY TAXES
| Parcel Number | 115-533-002-8 | Improvements Assessment | $2,189,253 |
| Land Assessment | $2,231,036 | Total Assessment | $4,420,289 |
PROPERTY TAXES
