For Sale

Listed by Todd Stromback and Scott Pewitt

Source: Shasta MLS #23-3021

26272686 Alamo Drive, Anderson, CA, 96007

$3,000,000

12632 ac.

Other

•

30+ days on the market

What's around 26272686 Alamo Drive

About this property

Rare Turn-Key Residential Income Opportunity to own 16 units on 4 separate parcels! 4 Four-plex buildings on four separate lots, being sold together as a portfolio. All units are 2-bedroom / 1.5-bath fully remodeled inside. New HVAC units, newer roofs and each building has its own laundry. All units are rented but one vacant being advertised. Updates include full modern remodels inside with clean exterior presentation, including new drought resistant landscaping with essentially zero cost to maintain apart from pre emergent once per year. Properties are listed at an estimated 6.25% CAP Rate. Over $260,000 in gross rental income. Great opportunity for a 1031 exchange purchase into an existing cash flowing portfolio. Professionally managed.

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