301 Hartnell Ave | Redding, CA 96002
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301 Hartnell Ave
Redding, CA 96002
River Commons Senior Living · Multifamily Property For Sale
·
103 Units
INVESTMENT HIGHLIGHTS
- Featuring 103 units of independent living at 70% occupancy.
- River Commons was renovated in 2019 and has many robust amenities.
- Assumable FNMA loan with a principal balance of $12.7 million at an interest rate of 4.1% set to mature in November 2026.
- Well-positioned near conveniences such as Urgent Care, national retail and finance locations.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Community-Wide WiFi
- Maintenance on site
- Meal Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 20 | - | 362 - 438 |
| 1+1 | 57 | - | 550 - 675 |
| 2+1 | 17 | - | 814 |
| 2+2 | 9 | - | 905 |
PROPERTY TAXES
| Parcel Number | 107-420-033-000 | Improvements Assessment | $11,465,480 |
| Land Assessment | $2,500,000 | Total Assessment | $13,965,480 |
PROPERTY TAXES
Parcel Number
107-420-033-000
Land Assessment
$2,500,000
Improvements Assessment
$11,465,480
Total Assessment
$13,965,480
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