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654 Lucille Ave

Coalinga CA 93210

80
30208 sq. ft.
55756 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Investment HighlightsRents well below market. First phase of RUBS ($23,940) implemented with no push back, remaining ($24,840) to be implemented over the coming 12 months.Owner has increased rents by 9% every year with no push back. Rents still below market.Fully stabilized project, lots of interior improvements, and brand new boiler, all new or refurbished HVAC units, new roof, new gutter, brand new exterior paint. Some of the largest units in Coalinga. NOI based on actual income and expenses.Tenants love Coalinga, feel it is safe, and very community oriented, with plenty of jobs.

Features

80 bedrooms
30208 sq. ft. floor area
55756 sq. ft. lot size
Multi-Family

Property history for 654 Lucille Ave

2012
Sold
$1,650,285
08 Feb 2012

Happy sellers in Coalinga

~%

We have insufficient information to provide an overview of customer satisfaction for Coalinga. Viewing the agent profiles, reviews and sales for Coalinga can provide insights for this location.

Local market activity for 80 bedroom multi families in Coalinga

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Sales:
(619) 566-0008
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