1333 Sycamore St, Willows, CA 95988
46 Unit Apartment Building | $5,850,000 ($127,174/Unit) | 6.12% Cap Rate | Willows, CA 95988
Asking Price $5,850,000
- Property Type
-
Multifamily
- Square Feet
- 46,000 SF
Listing Contacts
- Property Info
Property Overview
WDIS, Inc., as the exclusive advisor, is pleased to present the opportunity to acquire Villas @ Willows West, a 46-unit multifamily community located in Willows, CA.
The Villas @ Willows West offers a superb unit mix consisting of 10 1x1s, 24 2x1s, and 12 2x1.5 townhomes. The property has undergone significant capital improvements such as new roofs, new windows, new paint, new signage, new landscaping, and new interior renovations.
The 1975 asset boasts central heat and air in the 2-bedroom units and has a separate office as well as a ~1,200 ft clubhouse that's not currently being used. An investor could turn the clubhouse into an additional unit for increased revenue. Current in-place rents are ~$100 below market/highest achieved and yield a market cap rate of 7%+.
Please call listing agent for any questions, access to OM & financials, and tour inquiries.
The Villas @ Willows West offers a superb unit mix consisting of 10 1x1s, 24 2x1s, and 12 2x1.5 townhomes. The property has undergone significant capital improvements such as new roofs, new windows, new paint, new signage, new landscaping, and new interior renovations.
The 1975 asset boasts central heat and air in the 2-bedroom units and has a separate office as well as a ~1,200 ft clubhouse that's not currently being used. An investor could turn the clubhouse into an additional unit for increased revenue. Current in-place rents are ~$100 below market/highest achieved and yield a market cap rate of 7%+.
Please call listing agent for any questions, access to OM & financials, and tour inquiries.
Property Details
- Class
- C
- Year Built
- 1975
- Stories
- 2
- Lot Size (sq. ft)
- 98,881 SF
- Units
- 46
Nearby Properties
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