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5243 Poplar Ave
Anderson, CA 96007

$650,000 USD

Apartments For Sale  •  3,300 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,300 SF
  • Lot Size 3.95 AC
  • Building Class C
  • Year Built 1973
  • Cap Rate 6.01 %
0 Transit Score
4 Walk Score

Highlights

Six Building Investment Featuring One 3bd/2bth House, Two 2bd/2bth Houses, One Duplex with Two 2bd/2bth Units, and One 2bd/1bth Mobile Home
Easy to Manage Property Separately Metered For Electric and Gas with Low Annual Operating Expenses
Current Rents Approximately 50% Under Market with Tremendous Future Income Upside
Beautiful Rural Location with Surrounding Homes On Large Lots with Strong Pride of Ownership
100% Occupied with Tenants on Month-to-Month Leases
Cap Rate: 6.01 %

Public Transportation

AirportDriveWalkDistance
Redding Regional 22 min - 10.5 mi
David Howarth 510-822-1331 Pinza Group
David Howarth 510-822-1331 Pinza Group