31211 Highway 128
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31211 Highway 128
7 Unit Apartment Building $1,800,000 ($257,143/Unit) 5.45% Cap Rate Cloverdale, CA 95425
Investment Highlights
- Minutes from downtown Cloverdale
Executive Summary
Six (6) houses, two (2) large storage buildings, two (2) animal corrals, One (1) trailer, and more ! Discover the potential of this multi-unit family compound with rental income potential, just minutes from downtown Cloverdale, yet nestled in the tranquility of country living. Boasting 6 homes & a mobile home, two large storage buildings to offer ample space for equipment and expansive grounds to accommodate farm animals with two horse corrals in place. Whether you are seeking an investment opportunity or renovation project, this property is awaiting your personal touch. Don't miss this opportunity to own this versatile compound where country living meets urban convenience. Parcel #116-010-008(1.60acres)&(116-010-009(.68) are being sold together for total 2.28acres. PLEASE CONTACT Shauna Coletti 707-889-8918 FOR MORE DETAILS.
Property Facts
| Price | $1,800,000 | Apartment Style | Garden |
| Price Per Unit | $257,143 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.64 AC |
| Cap Rate | 5.45% | Building Size | 4,311 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1991 |
| Price | $1,800,000 |
| Price Per Unit | $257,143 |
| Sale Type | Investment |
| Cap Rate | 5.45% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.64 AC |
| Building Size | 4,311 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1991 |
Unit Amenities
- Air Conditioning
- Storage Space
PROPERTY TAXES
| Parcel Number | 116-010-008 | Improvements Assessment | $145,569 |
| Land Assessment | $28,864 | Total Assessment | $174,433 |
PROPERTY TAXES
Parcel Number
116-010-008
Land Assessment
$28,864
Improvements Assessment
$145,569
Total Assessment
$174,433
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31211 Highway 128
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