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601 E Rice St 5 Unit Apartment Building $450,000 ($90,000/Unit) 7.20% Cap Rate Blythe, CA 92225
EXECUTIVE SUMMARY
Magnificent income producing property! good location close to shopping, transportation and freeway access. All units have 1 bedroom and 1bath with a one car garage with wash and drier hook ups and corner location.
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS
| Price | $450,000 | Apartment Style | Garden |
| Price Per Unit | $90,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 7.20% | Building Size | 3,000 SF |
| Sale Condition | Building in Shell Condition | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R3 | ||
| Price | $450,000 |
| Price Per Unit | $90,000 |
| Sale Type | Investment |
| Cap Rate | 7.20% |
| Sale Condition | Building in Shell Condition |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1955 |
| Opportunity Zone |
Yes |
| Zoning | R3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 848-083-010 | Improvements Assessment | $167,776 |
| Land Assessment | $43,296 | Total Assessment | $211,072 |
PROPERTY TAXES
Parcel Number
848-083-010
Land Assessment
$43,296
Improvements Assessment
$167,776
Total Assessment
$211,072
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601 E Rice St
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