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209 Brown St
Vacaville, CA 95688
Hidden Court Duplexes · Multifamily Property For Sale
·
21 Units
PROPERTY FACTS
| No. Units | 21 | Lot Size | 1.39 AC |
| Property Type | Multifamily | Building Size | 12,940 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1964 |
| Building Class | C | ||
| Zoning | RH-Res High Density | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.39 AC |
| Building Size | 12,940 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Zoning | RH-Res High Density |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Microwave
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Courtyard
- Laundry Facilities
ABOUT 209 BROWN ST , VACAVILLE, CA 95688
Marcus & Millichap is pleased to present Hidden Court Duplexes. Located at 209 Brown Street in Vacaville, this 1.39 acre site contains 11 individual single-story residential buildings and boasts a quiet courtyard setting. In total, there is 12,940 square-feet, comprised of 21 one-bedroom/one-bath duplex style apartments at 625 square-feet each. The current ownership has recently completed many large ticket capital items at the property, such as new dual pane windows and sliding glass doors throughout all 11 buildings, new roofs [replaced in 2013], and freshly painted exteriors. Approximately ten of the units have been updated with new interior flooring and new paint. Hidden Court Duplexes represents a superior value-add on opportunity, and a new owner will be afforded the opportunity to continue to make cosmetic improvements to the interiors, and increase rents to market rates going forward. Vacaville is conveniently located in Northern California, midway between the San Francisco Bay Area and the Sacramento Capitol District, at the intersection of Interstates 80 and 505. Consequently, Vacaville has excellent access to the recreation, resources, and markets of both metropolitan areas. Being less than one hour from the Bay Area, Vacaville is a very popular rental market for commuters. Given the immediate upside in income and high commuter rental demand, Hidden Court Duplexes is well-positioned for consistent cash flow and long-term appreciation. *****CAP RATE IS PROFORMA
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 21 | - | 625 |
PROPERTY TAXES
| Parcel Number | 0129-301-140 | Improvements Assessment | $2,537,805 |
| Land Assessment | $613,531 | Total Assessment | $3,151,336 |
PROPERTY TAXES
