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42204 Road 120

8 Unit Apartment Building $975,000 ($121,875/Unit) Orosi, CA 93647

Apartment Buildings California Orosi 42204 Road 120, Orosi, CA 93647

Investment Highlights

  • 4 mobile homes, 4 cottages, and a 4 bedroom house on property

Executive Summary

Property consists of 4 mobile homes 4 cottages and a 4 bedroom house with revenues of $8,450 per month and very low expenses. Owner also has other multifamily properties for sale and is open to selling as a portfolio. Addresses for other properties are:
1) 21811 Highway 198 Exeter, CA 93221
2)915-943 N Rinaldi Street Visalia, CA 93291

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $101,400 $10.87
Other Income - -
Vacancy Loss - -
Effective Gross Income $101,400 $10.87
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $101,400
Annual Per SF $10.87
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $101,400
Annual Per SF $10.87
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $975,000 Building Class C
Price Per Unit $121,875 Lot Size 1.93 AC
Sale Type Investment Building Size 9,332 SF
Sale Conditions Bulk/Portfolio Sale Average Occupancy 100%
No. Units 8 No. Stories 1
Property Type Multifamily Year Built 1962
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Garden
Price $975,000
Price Per Unit $121,875
Sale Type Investment
Sale Conditions Bulk/Portfolio Sale
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Garden
Building Class C
Lot Size 1.93 AC
Building Size 9,332 SF
Average Occupancy 100%
No. Stories 1
Year Built 1962
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Pantry

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+2 1 - -
1+1 2 - -
2+1 5 - -
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PROPERTY TAXES

Parcel Number 021-090-029-000 Improvements Assessment $350,000 (2024)
Land Assessment $150,000 (2024) Total Assessment $500,000 (2024)

PROPERTY TAXES

Parcel Number
021-090-029-000
Land Assessment
$150,000 (2024)
Improvements Assessment
$350,000 (2024)
Total Assessment
$500,000 (2024)
(559) 799-1300

  • Listing ID: 33331029

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 42204 Road 120, Orosi, CA 93647

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42204 Road 120
(559) 799-1300 x

42204 Road 120

1/2

Lino Pimentel

(559) 799-1300

(559) 799-1300

Ted Jeske

(559) 679-6013

(559) 679-6013

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