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1650 Park Ln
Fairfield, CA 94533
Parkside Villa Apartments · Multifamily Property For Sale · 64 Units
PROPERTY FACTS
No. Units | 64 | Building Size | 59,976 SF |
Property Type | Multifamily | Average Occupancy | 91% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Garden | Year Built | 1979 |
Building Class | C | Parking Ratio | 1.47/1,000 SF |
Lot Size | 3.66 AC |
No. Units | 64 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 3.66 AC |
Building Size | 59,976 SF |
Average Occupancy | 91% |
No. Stories | 2 |
Year Built | 1979 |
Parking Ratio | 1.47/1,000 SF |
Site Amenities
- Clubhouse
- Laundry Facilities
- Playground
- Property Manager on Site
About 1650 Park Ln , Fairfield, CA 94533
Parkside Villa Apartments is a 64-unit, garden-style multi-family property located at 1650 Park Lane in Fairfield, California. The property is in Solano County approximately 40 miles north of the city of Oakland and 40 miles south of Sacramento; it is also about 50 miles north of San Francisco. Currently, Parkside Villa Apartments is being operated as an affordable housing community with a Project-Based Section 8 Housing Assistance Payments contract. Sixty-two of the units are subsidized and there are two non-subsidized employee units. The contract was renewed in September 2016 and runs for a period of five years. Built in 1979, Parkside Villa Apartments is comprised of 16 two-story residential buildings, a leasing office, recreation room and maintenance building situated on a 3.66-acre site. The community offers two-bedroom units that average 874 square feet and three-bedroom units that measure approximately 1,076 square feet. The property’s amenity package includes a community room with a kitchen, two laundry facilities, and manicured grounds. The units are well-maintained and ownership has implemented a refurbishment program to replace flooring, fixtures, and appliances as necessary. The property is near schools, parks, shopping, and other amenities. Sheldon Elementary School (grades K-8) is about three-quarters of a mile from the subject and Amijo High School (grades 9-12) is a little over one mile east of the site. There are several shopping centers located within walking distance of Parkside Villa Apartments on Texas Street and Beck Avenue. Target, Food Maxx, Walgreens, 99 Cents Only and CVS are all nearby, in addition to many restaurants and other retailers. About one mile from the property is Solano Town Center, a regional shopping center anchored by Macy’s, Sears, and JC Penney. Allan Witt Park, the Fairfield Aquatic center, and Fairfield-Suisun Skate Park are all located adjacent to Parkside Villa Apartments.
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+2 | 44 | $1,447 | 874 |
3+2 | 20 | $1,539 | 1,076 |
PROPERTY TAXES
Parcel Number | 0031-181-390 | Improvements Assessment | $14,690,008 |
Land Assessment | $3,216,605 | Total Assessment | $17,906,613 |
PROPERTY TAXES
zoning
Zoning Code | HWT |
HWT |
Learn More About Investing in Apartment Buildings
Listing ID: 12514584
Date on Market: 5/9/2018
Last Updated:
Address: 1650 Park Ln, Fairfield, CA 94533
The Fairfield/Suisun City Multifamily Property at 1650 Park Ln, Fairfield, CA 94533 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.