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505-525 I St
Davis, CA 95616
Camellia Apartments · Multifamily Property For Sale
·
30 Units
Investment Highlights
- Centrally located Davis location, minutes away from UC Davis & Downtown Davis.
- Recent capital improvements include new exterior patch and paint, resurfacing of the pool, and manicured landscaping.
- Walking Distance to Downtown Davis, grocery store, restaurants, entertainments, and all amenities. On a Transit line.
- Well maintained asset with continual rent growth and price appreciation.
- Laundry facility and maintenance room.
- Low market vacancy and consistent rent growth are attributable to a “slow-growth” environment enacted by the City of Davis.
Property Facts
| No. Units | 30 | Building Size | 20,850 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.49/1,000 SF |
| Lot Size | 0.75 AC | ||
| Zoning | R-2 | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.75 AC |
| Building Size | 20,850 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.49/1,000 SF |
| Zoning | R-2 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
Site Amenities
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Laundry Service
- Recycling
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 630 |
| 2+1 | 24 | - | 685 - 720 |
Property Taxes
| Parcel Number | 070-341-005-000 | Improvements Assessment | $5,937,870 |
| Land Assessment | $816,000 | Total Assessment | $6,753,870 |
Property Taxes
Parcel Number
070-341-005-000
Land Assessment
$816,000
Improvements Assessment
$5,937,870
Total Assessment
$6,753,870
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