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679 Kiley Ave
Yuba City, CA 95991

$2,799,999 USD

Apartments For Sale  •  10,048 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,048 SF
  • Lot Size 0.6 AC
  • Building Class C
  • Year Built 1988
  • Cap Rate 6.08 %
  • Zoning R3
20 Transit Score
60 Walk Score

Highlights

Approximately $500k in Recent Renovations (2024)
Fully Turn Key + Upside in Rents & Opening Existing Laundry Room
Current average rent of $1,225 compares with proven up-side of $1,350, already achieved on the current rent roll.
100% of Interiors, Exterior, & Grounds Nicely Updated
Completed renovation program materially reduces execution risk.
• Year 1 NOI increases approximately $44,616, or 26.2%, versus current NOI.
Cap Rate: 6.08 %

Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Heating
  • Car Wash Area
  • Recycling
  • Walking/Biking Trails
  • Kitchen
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer
  • Linen Closet
  • Smoke Free
  • Vinyl Flooring
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Sean O'Brian 916-878-1145 Illuminated Wealth, Inc.
Sean O'Brian 916-878-1145 Illuminated Wealth, Inc.