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Penn Nova Apartments 290 Pennsylvania Dr 10 Unit Apartment Building $2,950,000 ($295,000/Unit) 5.40% Cap Rate Watsonville, CA 95076
Executive Summary
Welcome to Pennsylvania Drive, where modern living meets convenience in the heart of Watsonville. This fully remodeled apartment complex boasts 8 one-bedroom apartments and 2 two-bedroom apartments.
The exterior and interior of this complex have undergone a complete renovation, ensuring contemporary aesthetic and comfortable living spaces. Each unit features an open layout, new luxury vinyl flooring, and fresh paint, creating a bright and inviting atmosphere. Tenants benefit from the convenience of laundry facilities onsite and covered parking, providing ample space for vehicles.
Experience the best of Watsonville living at Pennsylvania Drive, where convenience, comfort, and modern amenities come together seamlessly. Don't miss your opportunity to call this vibrant community home!
The exterior and interior of this complex have undergone a complete renovation, ensuring contemporary aesthetic and comfortable living spaces. Each unit features an open layout, new luxury vinyl flooring, and fresh paint, creating a bright and inviting atmosphere. Tenants benefit from the convenience of laundry facilities onsite and covered parking, providing ample space for vehicles.
Experience the best of Watsonville living at Pennsylvania Drive, where convenience, comfort, and modern amenities come together seamlessly. Don't miss your opportunity to call this vibrant community home!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Smoke Free
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $2,264 | - |
| 2+1 | 2 | $3,030 | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 016-172-38-000 | Improvements Assessment | $816,000 |
| Land Assessment | $1,683,000 | Total Assessment | $2,499,000 |
Property Taxes
Parcel Number
016-172-38-000
Land Assessment
$1,683,000
Improvements Assessment
$816,000
Total Assessment
$2,499,000
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Presented by
C&C Property Management
Penn Nova Apartments | 290 Pennsylvania Dr
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