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Limited Partnership in Davis Ventures, LTD 1 2477 Sycamore Ln 100 Unit Apartment Building $448,000 ($4,480/Unit) Davis, CA 95616
INVESTMENT HIGHLIGHTS
- Limited Partnership in Davis Ventures, LTD 1 of Temescal Apartments
- FOR PASSIVE INVESTOR WHO NEEDS INCOME WITH LITTLE MANAGEMENT
- For Sale - Prime Location near UC Davis and about 41,000 students
- An opportunity to acquire a Limited Partnership in Davis Ventures, LTD 1 of Temescal Apartments
EXECUTIVE SUMMARY
FOR PASSIVE INVESTOR WHO NEEDS INCOME WITH LITTLE MANAGEMENT
For Sale - Prime Location near UC Davis and about 41,000 students
Limited Partnership In Davis Ventures, Ltd 1, That Owns Approximately 3.34% Of The Total Equity In The Temescal Apartments
100 Units Total – WELL MAINTAINED
Short Bike Ride to UC Davis, Beautiful Campus Setting
An opportunity to acquire a Limited Partnership in Davis Ventures, LTD 1 of Temescal Apartments, a well-established and prominent multifamily property located in the heart of Davis, California. At 2477 Sycamore Lane, Temescal Apartments is a professionally managed apartment community serving a high-demand rental market, just minutes from the UC Davis campus.
This offering represents The Limited Partnership that owns approximately 3.34% of the total equity in the Temescal Apartments, therefore, you would be purchasing 3.34% of Temescal Apartments total portion of the asset. Investors may benefit from existing rental income, potential long-term property appreciation, and shared equity participation without any responsibilities of direct property management.
For Sale - Prime Location near UC Davis and about 41,000 students
Limited Partnership In Davis Ventures, Ltd 1, That Owns Approximately 3.34% Of The Total Equity In The Temescal Apartments
100 Units Total – WELL MAINTAINED
Short Bike Ride to UC Davis, Beautiful Campus Setting
An opportunity to acquire a Limited Partnership in Davis Ventures, LTD 1 of Temescal Apartments, a well-established and prominent multifamily property located in the heart of Davis, California. At 2477 Sycamore Lane, Temescal Apartments is a professionally managed apartment community serving a high-demand rental market, just minutes from the UC Davis campus.
This offering represents The Limited Partnership that owns approximately 3.34% of the total equity in the Temescal Apartments, therefore, you would be purchasing 3.34% of Temescal Apartments total portion of the asset. Investors may benefit from existing rental income, potential long-term property appreciation, and shared equity participation without any responsibilities of direct property management.
PROPERTY FACTS
| Price | $448,000 | Building Class | B |
| Price Per Unit | $4,480 | Lot Size | 6.51 AC |
| Sale Type | Investment | Building Size | 164,531 SF |
| No. Units | 100 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1983 |
| Apartment Style | Townhome | Parking Ratio | 1.3/1,000 SF |
| Zoning | P-D | ||
| Price | $448,000 |
| Price Per Unit | $4,480 |
| Sale Type | Investment |
| No. Units | 100 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 6.51 AC |
| Building Size | 164,531 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | P-D |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Heating
- Ceiling Fans
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Wi-Fi
- Pantry
- Patio
SITE AMENITIES
- Clubhouse
- Fitness Center
- Laundry Facilities
- Sauna
- Spa
- Gameroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 21 | - | 528 |
| 2+1 | 14 | - | 960 |
| 3+1.5 | 35 | - | 2,570 |
| 4+2 | 30 | - | 3,325 |
1 1
PROPERTY TAXES
| Parcel Number | 035-330-006-000 | Improvements Assessment | $7,544,220 |
| Land Assessment | $994,514 | Total Assessment | $8,538,734 |
PROPERTY TAXES
Parcel Number
035-330-006-000
Land Assessment
$994,514
Improvements Assessment
$7,544,220
Total Assessment
$8,538,734
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Limited Partnership in Davis Ventures, LTD 1 | 2477 Sycamore Ln
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