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Investment Highlights

  • Newer construction
  • Professionally managed
  • Each unit has dedicated parking space
  • No renovations needed
  • Stays rented
  • No shared walls

Executive Summary

Recently built income producing property. 8 separate homes on .46 acre lot. 5 of the 8 homes were built in the last 6 years. Unit count includes: 2 - 2 bedroom 1 bath units + 1 - 2 bedroom 1.5 bath unit + 5 - 1 bedroom 1 bath units. Monthly gross rent is: $10520. Net after all expenses averages: $8425mo. The units are completely turn key and do not require repairs. Units are individually metered and professionally managed. The newer units are fire sprinklered and include modern design elements such as 9' ceilings, tile floors, wide doorways, led lighting, ultra-efficient heat pumps HVAC systems, granite kitchens, and individual washer/dryers. Each home also has it's own dedicated parking and several of the units include fenced private patios.Truly a turn key investment opportunity in an area that is rapidly appreciating.

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,450,000
Price Per SF $323.66
Sale Type Investment
Cap Rate 7.03%
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.46 AC
Building Size 4,480 SF
No. Stories 1
Year Built/Renovated 2018/2019
Opportunity Zone Yes
Zoning Multifamily - 8 Unit Resi/Multi Family

Amenities

  • Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
020-134-003-000
Land Assessment
$64,945 (2025)
Improvements Assessment
$476,269 (2025)
Total Assessment
$541,214 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 31992096

  • Date on Market: 6/1/2024

  • Last Updated:

  • Address: 5799 Arboga Rd, Olivehurst, CA 95961

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