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4140 Fran Way 12 Unit Apartment Building $3,450,000 ($287,500/Unit) 6.23% Cap Rate Richmond, CA 94803
Property Facts Under Contract
| Price | $3,450,000 | Building Class | C |
| Price Per Unit | $287,500 | Lot Size | 0.45 AC |
| Sale Type | Investment | Building Size | 9,790 SF |
| Cap Rate | 6.23% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1977 |
| Property Subtype | Apartment | Parking Ratio | 1.53/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | C-2, Richmond - Commercial District | ||
| Price | $3,450,000 |
| Price Per Unit | $287,500 |
| Sale Type | Investment |
| Cap Rate | 6.23% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 9,790 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 1.53/1,000 SF |
| Zoning | C-2, Richmond - Commercial District |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Washer/Dryer
- Refrigerator
- Range
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 650 |
| 2+1 | 10 | - | 850 |
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Property Taxes
| Parcel Number | 425-262-001-0 | Improvements Assessment | $1,615,466 |
| Land Assessment | $579,325 | Total Assessment | $2,194,791 |
Property Taxes
Parcel Number
425-262-001-0
Land Assessment
$579,325
Improvements Assessment
$1,615,466
Total Assessment
$2,194,791
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4140 Fran Way
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