2808-2832 Macdonald Ave | Richmond, CA 94804
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- LoopNet Team
2808-2832 Macdonald Ave
Richmond, CA 94804
Nicholl Court Apartment · Multifamily Property For Sale
·
40 Units
INVESTMENT HIGHLIGHTS
- This historic WWII honeymoon suits has 10 buildings. Fourplex on each building. All one bedroom unit with same /reverse floor plan .
- Large public park adjacent to subject property offers several tennis courts, playgrounds, community center and much more
- 3 vacant units are on market for rent, and the rent will be for $1,600 on each unit. That will increase rental income & cap rate
- 27 parking spaces in garage or on-site. Plus additiional parkings in the back and lots of street parking spaces
- We are currently working on some repairs. And all buildings will be dressed up with new paint.
PROPERTY FACTS
| No. Units | 40 | Lot Size | 1.11 AC |
| Property Type | Multifamily | Building Size | 23,520 SF |
| Property Subtype | Apartment | Average Occupancy | 92% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1942 |
| Zoning | CM-3 - Commercial mixed use. Residential uses are permitted | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.11 AC |
| Building Size | 23,520 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1942 |
| Zoning | CM-3 - Commercial mixed use. Residential uses are permitted |
AMENITIES
UNIT AMENITIES
- Balcony
SITE AMENITIES
- Fenced Lot
- Property Manager on Site
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 40 | $1,600 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,721,998 | |
| Land Assessment | $3,220,762 | Total Assessment | $5,942,760 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,220,762
Improvements Assessment
$2,721,998
Total Assessment
$5,942,760
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