This is an opportunity to own a high cash flow, clean, stabilized property at under $50K per unit and $78 per sqft, currently grossing over $500K a year, with upside! This is a turnkey investment. The ownership has completed a number of capital improvement projects in the past few months including; reroofing both buildings, replacing all gas lines, adding new mailboxes with covering and lighting, new signage along N Broadway, replacing washer and dryer units in the laundry room, repainting and re-carpeting a number of units, repainting and resurfacing the walkways and stairways, and re-grading and resurfacing both parking lots. The property is located conveniently off the corner of Willow Pass Rd and Bailey Rd, within walking distance of the Pittsburg/Bay Point BART station, bus lines, and just down from highway 4. There is a newly completed and recently opened Walgreens directly next-door to the property and a strip mall just across the street providing additional goods and services for the tenants. « show less
This is an opportunity to own a high cash flow, clean, stabilized property at under $50K per unit and $78 per sqft, currently grossing over $500K... show more »
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