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601 Alabama St
Vallejo, CA 94590
7.65% Cap & 100% Remodeled · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Eight Fully Remodeled 1bd/1bth Units with Updated Appliances, Kitchens & Bathrooms, & More
- Fresh Paint, New Roof, Private Security Gate, Signage, and Updated Drainage System
- Low Future Maintenance/Repair Costs Due to Updated Interior and Exterior Property Condition
- 100% Occupied by Stable Tenant Base with Potential for Rental Upside
- 7.65% Current Cap & 9.69 Current GRM
- On Site Laundry, Parking, & Set Back From Street
Property Facts
| No. Units | 8 | Building Size | 3,486 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.25/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | LDR, Vallejo | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,486 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | LDR, Vallejo |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 500 |
Property Taxes
| Parcel Number | 0056-076-020 | Improvements Assessment | $1,118,430 |
| Land Assessment | $286,110 | Total Assessment | $1,404,540 |
Property Taxes
Parcel Number
0056-076-020
Land Assessment
$286,110
Improvements Assessment
$1,118,430
Total Assessment
$1,404,540
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