50 E Grant Line Rd | Tracy, CA 95376
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- LoopNet Team
50 E Grant Line Rd
Tracy, CA 95376
Heavenly Gardens · Multifamily Property For Sale
·
22 Units
INVESTMENT HIGHLIGHTS
- Opportunity To Increase Cash Flow Through Increasing Rents.
- 22 units with a shop that can be converted to a studio unit
- Located in priced area at 4.01% Cap Rate on Current Operations/ 4.08% Spring 2022 Cap Rate/7.50% Cap Rate on Proforma.
PROPERTY FACTS
| No. Units | 22 | Lot Size | 0.95 AC |
| Property Type | Multifamily | Building Size | 10,000 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | B | ||
| Zoning | MDR - Multi-dwelling Residential | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.95 AC |
| Building Size | 10,000 SF |
| No. Stories | 1 |
| Year Built | 1948 |
| Zoning | MDR - Multi-dwelling Residential |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Disposal
- Kitchen
- Oven
- Range
- Carpet
- Grill
SITE AMENITIES
- Fitness Center
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 14 | $875.00 | 370 |
| 1+1 | 6 | $977.00 | 500 - 520 |
| 2+1 | 2 | $1,307 | 700 |
PROPERTY TAXES
| Parcel Number | 233-270-09 | Improvements Assessment | $2,507,364 |
| Land Assessment | $1,342,116 | Total Assessment | $3,849,480 |
PROPERTY TAXES
Parcel Number
233-270-09
Land Assessment
$1,342,116
Improvements Assessment
$2,507,364
Total Assessment
$3,849,480
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