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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

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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.

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

Price $4,595,000
Price Per Unit $306,333
Sale Type Investment
Cap Rate 4.51%
No. Units 15
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class B
Lot Size 0.29 AC
Building Size 19,908 SF
No. Stories 3
Year Built 2023
Parking Ratio 0.8/1,000 SF
Zoning C2 - Commercial District

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0049-165-210
  • 0049-165-200
Land Assessment
$220,505
Improvements Assessment
$533,866
Total Assessment
$754,371
  • Listing ID: 38373384

  • Date on Market: 11/7/2025

  • Last Updated:

  • Address: 93 S 2nd St, Rio Vista, CA 94571

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