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500 Pole Line Rd
Davis, CA 95618
Cottages on 5th · Multifamily Property For Sale
·
46 Units
PROPERTY FACTS
| No. Units | 46 | Lot Size | 3.04 AC |
| Property Type | Multifamily | Building Size | 31,500 SF |
| Property Subtype | Apartment | Average Occupancy | 98% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 1978 |
| Zoning | P-D | ||
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.04 AC |
| Building Size | 31,500 SF |
| Average Occupancy | 98% |
| No. Stories | 1 |
| Year Built | 1978 |
| Zoning | P-D |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Refrigerator
- Range
SITE AMENITIES
- 24 Hour Access
- Fitness Center
- Smoke Detector
ABOUT 500 POLE LINE RD , DAVIS, CA 95618
The 'Cottages on 5th' is a very attractive, well-amenitized and inviting garden style apartment community. Built in 1978 the complex consists of forty six (46) single story units located in 12 buildings. The unit mix of thirty (30) 1 bedroom 1 bathroom units and sixteen (16) 2 bedroom 1 bathroom units is well suited and complimentary for the immediately surrounding demographic profile. The 1 bedroom units are approximately 600 sq. ft. The 2 bedroom units are approximately 800 sq. ft. The complex is situated on an ample 1.2 acre parcel. Each unit has a private balcony and is equipped with central heat and air climate control and washer/dryer hookups. There is an on-site fitness center as well as a swimming pool. The grounds have been professionally landscaped and there are 68 off-site street parking accommodations. Davis, located in Yolo County, is a vibrant college town circa 68,000 people. The Sacramento state capital is 20 miles north on Interstate 5. World class destinations such as San Francisco, Lake Tahoe, and the famously renowned wine region of Napa/Sonoma are within a 2 hour drive. This attractive property is extremely well located in close proximity to the highly regarded UC Davis campus, class A retail, medical, and food and beverage establishments. It enjoys immediate access to Interstate 5, a major north/south highway corridor. The 'Cottage on 5th' represents a rare opportunity to invest in the dynamic Davis Multi-Family market.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 30 | $1,487 | 650 |
| 2+1 | 16 | $1,787 | 750 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $8,442,269 | |
| Land Assessment | $2,107,617 | Total Assessment | $10,549,886 |
PROPERTY TAXES
