3220 C St | Redding, CA 96002
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3220 C St
Redding, CA 96002
Monaco Luxury Condominiums · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- 5.58% Day One CAP Rate on T-12 Income/Expense with Adjusted Property Taxes; 6.48% Pro Forma CAP Rate With Conservative Rent Projections
- Amenity Rich Community With Covered Carport Parking, On Site Laundry and Free Form Swimming Pool
- Strong In-Place Management for Out-of-Area Owners
- Condo Mapped Community With Individual Water/Sewer/Gas/Electric Meters for Each Unit, Allowing for Minimal Utility Cost Going Forward
- Low Maintenance Stucco Exterior with Dual Pane Windows, Central HVAC, Private Backyard, Tankless Water Heaters and Condo Quality Interiors
PROPERTY FACTS
| No. Units | 24 | Building Size | 21,600 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1975/2008 |
| Building Class | C | Parking Ratio | 1.76/1,000 SF |
| Lot Size | 1.25 AC | ||
| Zoning | RM-12 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.25 AC |
| Building Size | 21,600 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2008 |
| Parking Ratio | 1.76/1,000 SF |
| Zoning | RM-12 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Patio
SITE AMENITIES
- Laundry Facilities
- Pool
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | $917.50 | - |
| 2+2 | 12 | $980.00 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,852,199 | |
| Land Assessment | $324,726 | Total Assessment | $3,176,925 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$324,726
Improvements Assessment
$2,852,199
Total Assessment
$3,176,925
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