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922 L Street

Sanger CA 93657

12
4140 sq. ft.
18748.22 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Offered at a 7.37% cap rate, the property pairs limited expense risk with minimal near-term capital needs and a layout that supports premium rents. Tenants pay 100% of their utilities sewer, water, and trash included an uncommon arrangement that shields ownership from expense creep and keeps the operating expense load exceptionally low. Ownership has recently completed extensive updates, including brand-new AC mini-splits, updated interiors with new fixtures and finishes, new electrical panels, and new appliances, significantly reducing a buyer's exposure to near-term capital expenditures. Each unit is also its own standalone building with space between neighboring units, offering tenants more privacy and less noise with no shared walls a desirable layout that helps sustain above-market rents.

Features

12 bedrooms
4140 sq. ft. floor area
18748.22 sq. ft. lot size
Multi-Family

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Local market activity for 12 bedroom multi families in Sanger

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Sales:
(619) 566-0008
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