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5543-5553 Feather River Blvd
Olivehurst, CA 95961
Feather River Cottages · Multifamily Property For Sale
·
9 Units
Investment Highlights
- (9) Individual Cottage Homes on 1.1 Acres.
- Select Units Feature Carports, Private Fenced Yards, and Washer/Dryer HookUps.
- 6.56% Day One CAP Rate.
- Significant Upside Through Loss-to-Lease Recapture, Realizing an 8.86% Pro Forma CAP Rate.
- Major Property Property Improvements Completed Over the Last 5 years, Including; All New Roofs, New Siding/Paint on Most Units, and Interiors Updated.
Property Facts
| No. Units | 9 | Lot Size | 0.40 AC |
| Property Type | Multifamily | Building Size | 5,798 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1951 |
| Building Class | C | ||
| Zoning | R-01 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 5,798 SF |
| No. Stories | 1 |
| Year Built | 1951 |
| Zoning | R-01 |
Amenities
Unit Amenities
- Washer/Dryer Hookup
- Double Pane Windows
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,113 | 550 - 600 |
| 2+1 | 2 | $1,458 | 700 |
| 3+2 | 1 | $1,475 | 900 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $180,935 | |
| Land Assessment | $31,051 | Total Assessment | $211,986 |
Property Taxes
Parcel Numbers
Land Assessment
$31,051
Improvements Assessment
$180,935
Total Assessment
$211,986
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