711 South St | Hollister, CA 95023
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- LoopNet Team
711 South St
Hollister, CA 95023
Hollister Hacienda · Multifamily Property For Sale
·
43 Units
INVESTMENT HIGHLIGHTS
- 5.82% cap rate on current income with 7.43% pro forma cap rate on highest achieved rents
- Extensively renovated interiors: quartz countertops, waterproof LVP flooring, PEX supply lines, shaker white cabinets, bathtub/surround, etc.
- Large units, all with private covered backyards and patios; 3 bedroom floorplans have in-unit laundry
- Extensively renovated exterior: New roof on large building, stucco, decking, trash enclosures, fencing, lighting, paint, landscaping, etc.
- Amenities include: gated community, laundry facilities, spacious lawn areas, plentiful parking, storage, BBQ and gazebo, playground.
- 35-45 minute commute to Silicon Valley
PROPERTY FACTS
| No. Units | 43 | Building Size | 46,730 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1974/2024 |
| Building Class | C | Parking Ratio | 1.69/1,000 SF |
| Lot Size | 1.95 AC | ||
| Zoning | AP - Multifamily Residential | ||
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.95 AC |
| Building Size | 46,730 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2024 |
| Parking Ratio | 1.69/1,000 SF |
| Zoning | AP - Multifamily Residential |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Balcony
- Dishwasher
- Storage Space
- Heating
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Carpet
- Freezer
- Garden
- Patio
- Porch
- Smoke Free
- Wheelchair Accessible (Rooms)
- Large Bedrooms
- Quartz Countertops
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Gated
- Private Bathroom
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 33 | - | 850 |
| 3+2 | 8 | - | 1,100 |
| Studios | 2 | - | 450 |
PROPERTY TAXES
| Parcel Number | 055-030-023-000 | Improvements Assessment | $5,277,097 |
| Land Assessment | $2,207,312 | Total Assessment | $7,484,409 |
PROPERTY TAXES
Parcel Number
055-030-023-000
Land Assessment
$2,207,312
Improvements Assessment
$5,277,097
Total Assessment
$7,484,409
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