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About This Listing
Discover a value-add multifamily opportunity in the heart of Colusa. This 9-unit apartment complex is comprised of three separate buildings and offers a diverse unit mix with seven 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. One unit has been recently remodeled with central HVAC and new dual-pane windows, while another unit is currently under renovation. The remaining seven units are in mostly original condition, providing significant upside potential through interior improvements. The property features individual gas and electric meters, a community pool, and eight covered parking stalls, with additional storage located near the pool area. This property presents an excellent opportunity for an investor looking to reposition a small apartment complex through exterior and interior renovations, with potential for rental increases and long-term value growth.
Map Location
Walk Score
2473 American River Drive, Sacramento, CA 95825
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Source:Listed by: Windermere Signature Properties Fair Oaks
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Details
$799,000(Negotiable)
311 Laurel Street, Stockton, CA 95205
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Source:Listed by: Colliers Parrish Intenational Inc.
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Details
$699,000(Negotiable)
210 D Street, Roseville, CA 95678
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Source:Listed by: Fathom Realty Group, Inc.
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Details
$1,050,000(Negotiable)