2942 Sierra St, Riverbank, CA 95367
18 Unit Apartment Building | $3,150,000 ($175,000/Unit) | 3.92% Cap Rate | Riverbank, CA 95367
For Sale
Active
14 pictures
Asking Price $3,150,000
- Property Type
-
Multifamily
- Square Feet
- 13,212 SF
Listing Contacts
- Property Info
Property Overview
Discover a strong investment in this well-maintained 18-unit apartment complex featuring eighteen 2 bedroom/1 bath units. With stable income from long-term tenants, laundry facility, plus on-site mgr, this property offers hassle-free ownership. Updated cabinets and countertops were added to each unit within the last 5 years, enhancing tenant satisfaction. Situated in a convenient location with easy access to amenities, this complex presents an enticing opportunity for both seasoned investors and newcomers to the real estate market.
Property Details
- Class
- C
- Year Built
- 1987
- Stories
- 2
- Lot Size (sq. ft)
- 31,363 SF
- Units
- 18
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