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2407 & 2435 Olive
Atwater, CA 95301
Olive West Apartments · Multifamily Property For Sale · 18 Units

INVESTMENT HIGHLIGHTS

  • Unique Single-Level Construction
  • Implementing RUBS program and 7% rental increase alone provides 6.55% CAP Rate
  • Offered at only $108,333 per Unit
  • Opportunity to Reposition through Raising Rents to Market Levels
  • On-Site Laundry and Assigned Surface Parking

PROPERTY FACTS

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.78 AC
Building Size 10,900 SF
No. Stories 1
Year Built 1982
Zoning R-3 2.5

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 001-190-036
  • 001-190-037
Land Assessment
$233,465
Improvements Assessment
$2,378,373
Total Assessment
$2,611,838
  • Listing ID: 24565223

  • Date on Market: 11/29/2021

  • Last Updated:

  • Address: 2407 & 2435 Olive, Atwater, CA 95301

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