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$2,045,000
Est. payment /mo
6,037 SqFt
UPDATED:
09/13/2024 07:22 PM
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,037 sqft
Price per Sqft $338
MLS Listing ID 324072962
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1955
Lot Size 0.344 Acres
Acres 0.3444
Property Description
Presenting 9 units located in a desirable area of Vallejo known as Vallejo Heights. The property is located at 110 Hilborn Street, Vallejo. The subject property was reportedly built in 1955 and consists of four (4) 1x1 units, four (4) 2x1 units and one (1) 2x1 SFR with a garage and yard space. Each unit comes with a tuck-under parking space and storage area. There is also an on-site laundry facility for tenants' convenience. Unit interiors include upgraded kitchens, flooring, bathrooms, and paint. Additionally, the exterior of the main building (8) units has been painted within the last 6 months. The front single-family home has also undergone extensive upgrades in the last 12 months including all new kitchen, flooring, bathroom, new fence and landscaping. The Vallejo Heights Apartments enjoys an elevated setting with West facing views of the Napa River and Vallejo waterfront. The strong in-place rent roll represents a 9.56 current GRM and a 7.06% cap rate. Please reach out to Marc Guillon for the offering memo.
Location
State CA
County Solano
Area Vallejo 5
Direction hichborn to hilborn
Interior
Heating Other
Cooling Other
Laundry Washer/Dryer Leased
Exterior
Parking Features Other
Water Access Desc Other
Building
Lot Description Other
Story 2
Sewer Other
Water Other
Others
Senior Community No
Tax ID 0051-204-380
Special Listing Condition None
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Listed by Gravitas Commercial Real Estate
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Lance McHan
Broker Associate | License ID: 01987449
Broker Associate License ID: 01987449