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93 & 45 S 2nd St, Rio Vista 93 S 2nd St 15 Unit Apartment Building $4,595,000 ($306,333/Unit) 4.51% Cap Rate Rio Vista, CA 94571



INVESTMENT HIGHLIGHTS
- New Construction, completed in January of 2023
- Located Close to Downtown Rio Vista and Main Street
- 12 Apartments and 3 Retail Units
- Ample Reserved Parking
EXECUTIVE SUMMARY
93 S. 2nd Street is a low-rise, three-story, 15-unit multifamily/retail complex with private parking lot in Rio Vista, California.
This community offers small residential units that appeal to individuals and small families, with a unit mix of nine one-bedroom units and three two-bedroom units with 6 incredible open floor plans. Several of the apartments include a den and/or spacious patio or balcony, with many showcasing incredible views of Sacramento River.
New Construction, completed in January of 2023, the apartments feature LVF flooring, large closets, double-pane windows bringing in natural light, quartz countertops, and stainless-steel appliances.
The occupants enjoy community patio/picnic area for family BBQs; shared coin operated laundry room with two washer/dryer combos; large parking lot with assigned space for each unit; large ADA elevator; key-less secure entry; and security cameras throughout the building.
Ground floor is comprised of three office/retail units, each with private bathroom.
Located on the corner of S. 2nd Street and Montezuma, 1 block from Main Street. This well-maintained complex is within walking distance of all the shopping, grocery, restaurants, and nightlife in Downtown Rio Vista and Main Street. Enjoy a park, playground, and River walks within walking distance around our building.
This community offers small residential units that appeal to individuals and small families, with a unit mix of nine one-bedroom units and three two-bedroom units with 6 incredible open floor plans. Several of the apartments include a den and/or spacious patio or balcony, with many showcasing incredible views of Sacramento River.
New Construction, completed in January of 2023, the apartments feature LVF flooring, large closets, double-pane windows bringing in natural light, quartz countertops, and stainless-steel appliances.
The occupants enjoy community patio/picnic area for family BBQs; shared coin operated laundry room with two washer/dryer combos; large parking lot with assigned space for each unit; large ADA elevator; key-less secure entry; and security cameras throughout the building.
Ground floor is comprised of three office/retail units, each with private bathroom.
Located on the corner of S. 2nd Street and Montezuma, 1 block from Main Street. This well-maintained complex is within walking distance of all the shopping, grocery, restaurants, and nightlife in Downtown Rio Vista and Main Street. Enjoy a park, playground, and River walks within walking distance around our building.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Double Pane Windows
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Video Patrol
- Elevator
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| 2+2 | 2 | - | - |
| 2+1 | 1 | - | - |
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $533,866 | |
| Land Assessment | $220,505 | Total Assessment | $754,371 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$220,505
Improvements Assessment
$533,866
Total Assessment
$754,371
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93 & 45 S 2nd St, Rio Vista | 93 S 2nd St
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