3081 N Main St | Walnut Creek, CA 94597
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3081 N Main St
Walnut Creek, CA 94597
Walnut Creek - 32-Unit Value-Add Apartments · Multifamily Property For Sale
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32 Units
Investment Highlights
- RARE 32 UNIT COMPLEX IN WALNUT CREEK- 28 of 32 units underwent substantial upgrades in 2013 & 2014
- TRANSIT-ORIENTED APARTMENT COMMUNITY- Less than a 15 minute walk to Bart, Immediate Freeway Access
- APARTMENT AMENITIES ABOUND- Parking Ratio of 1.4, Pool and barbeque area
- VALUE ADD OPPORTUNITY WITH POTENTIAL TO...- Add RUBs to current operations, Increase rents by approximately 21%, Increase NOI by approximately 44%
- GREAT UNIT MIX- 20 x 2 bedroom, 1 bathroom units, 12 x 1 bedroom, 1 bathroom units
Property Facts
| No. Units | 32 | Building Size | 24,648 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.79/1,000 SF |
| Lot Size | 1.12 AC | ||
| Zoning | M-15 - 27 - Apartments | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.12 AC |
| Building Size | 24,648 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.79/1,000 SF |
| Zoning | M-15 - 27 - Apartments |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Carpet
- Dining Room
- Double Pane Windows
- Freezer
- Linen Closet
- Patio
- Vinyl Flooring
Site Amenities
- Courtyard
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Energy Star Labeled
- Grill
- Storage Space
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 654 |
| 2+1 | 20 | - | 840 |
Property Taxes
| Parcel Number | 170-100-027-3 | Improvements Assessment | $7,592,250 |
| Land Assessment | $3,247,296 | Total Assessment | $10,839,546 |
Property Taxes
Parcel Number
170-100-027-3
Land Assessment
$3,247,296
Improvements Assessment
$7,592,250
Total Assessment
$10,839,546
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