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Country Club Apartments 1700 E Tabor Ave 80 Unit Apartment Building For Sale Fairfield, CA 94533
INVESTMENT HIGHLIGHTS
- Country Club Apartments is an 80-unit, 56,648-square-foot stucco-sided garden-style apartment complex, available for sale.
- Boasting long-term tenants and a stable income, shown by the 94% occupancy rate, it proves a strong investment opportunity.
- Apartment amenities include a community pool, a tennis court, a fitness facility, private balconies, and a lushly landscaped courtyard.
- Desirable Fairfield location with proximity to schools, transportation, employers, entertainment, and amenities within 5 miles.
EXECUTIVE SUMMARY
An intriguing unit mix of 24 two-bedroom units, 40 one-bedroom units, and 16 studio apartments caters to a diverse range of young adults and smaller families. Most units have been renovated and feature private balconies, glass barn doors, stainless steel appliances, modern chandeliers, and quartz countertops. Residents enjoy the amenities of a community pool, tennis courts, a common area laundry facility, and public park and garden spaces. There is a rare commodity of covered parking with one stall per unit available.
Nestled in a desirable location, this property offers proximity to top-rated schools, including Tolenas Elementary, Napa Junction Elementary, and Fairfield High. Convenient transportation options include easy access to Interstates 80 and 680, as well as the Fairfield-Vacaville Amtrak, which provides direct routes to San Francisco and Sacramento. A short 10-minute drive connects residents to shopping, dining, and entertainment hubs like Solano Town Center and the Texas Street retail corridor. Fairfield boasts a wealth of recreational activities, including scenic vineyards and wineries, beautiful parks, lush golf courses, and enchanting hiking trails. This strategic location is also home to major employment centers like the Jelly Belly Candy Factory, Anheuser-Busch Brewery, and Travis Air Force Base.
MATTERPORT 3D TOUR
Explore 2BR, 1BA - 867SF
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 4.89 AC |
| Sale Condition | 1031 Exchange | Building Size | 56,648 SF |
| No. Units | 80 | Average Occupancy | 94% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1978/2005 |
| Apartment Style | Garden | Parking Ratio | 0.88/1,000 SF |
| Building Class | B | ||
| Zoning | R3 - Residential District | ||
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 4.89 AC |
| Building Size | 56,648 SF |
| Average Occupancy | 94% |
| No. Stories | 1 |
| Year Built/Renovated | 1978/2005 |
| Parking Ratio | 0.88/1,000 SF |
| Zoning | R3 - Residential District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Heating
- Vaulted Ceiling
- Refrigerator
- Range
- Patio
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Tennis Court
- Cabana
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 16 | - | 440 |
| 1+1 | 40 | - | 727 |
| 2+1 | 24 | - | 867 |
ABOUT FAIRFIELD
Fairfield is a centrally located suburban city in the North Bay, sitting a nearly equal distance between San Francisco and Sacramento. Fairfield is home to Travis Air Force Base, which handles more cargo and passenger traffic than any other military air terminal in the United States. The largest employer in Solano County, the base employs over 14,000 people and generates healthy economic activity for the city. Fairfield also serves as the seat of Solano County. Outside of government employers, Jelly Belly Candy Company is headquartered in Fairfield, and several regional medical centers, including the Northbay Medical Center and Sutter Fairfield Medical Campus, are significant employers in the area.
Fairfield’s easy accessibility to Northern California’s major economic and population centers enhances the desirability of renting in the area. The primary freeway connecting San Francisco with Sacramento, Interstate 80, passes directly through Fairfield. In addition, Interstate 680 joins Interstate 80 in Fairfield, connecting the city with the East Bay and San Jose further south. State Route 12 connects Fairfield with Napa to the west. Fairfield boasts a charming downtown area filled with shops and restaurants, and offers plenty of outdoor activities, including wineries, golf courses, and regional parks just outside of city limits.
Bay Area residents priced out of the more expensive San Francisco and East Bay markets are looking toward Vallejo-Fairfield for its affordability. The steady demand has allowed for consistently high occupancy rates and healthy rent growth. Residential development has been minimal, which has limited competition and has supported rents and property valuations. Private opportunistic investors are often active the market.
NEARBY AMENITIES
RETAIL |
||
|---|---|---|
| am/pm | Convenience Market | 11 min walk |
HOTELS |
|
|---|---|
| Holiday Inn Express |
83 rooms
8 min drive
|
| Hilton Garden Inn |
150 rooms
9 min drive
|
| Hampton by Hilton |
102 rooms
9 min drive
|
PROPERTY TAXES
| Parcel Number | 0170-194-270 | Improvements Assessment | $4,364,982 |
| Land Assessment | $551,100 | Total Assessment | $4,916,082 |
PROPERTY TAXES
SALE ADVISOR
SALE ADVISOR
Douglas Manful, Principal | Chief Executive Officer | President
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Country Club Apartments | 1700 E Tabor Ave
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