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814 Court St

5,849 SF Health Care Building Offered at $2,350,000 at a 7.02% Cap Rate in Woodland, CA 95695

Investment Highlights

  • New 3 year lease
  • Modern Build
  • Established Tenant
  • Downtown Woodland; County Seat
  • Low Maintenance
  • Opportunity Zone; Tax Benefits

Executive Summary

Introducing an exceptional investment opportunity in Downtown Woodland! Located at 814 Court Street, this modern 10-bedroom Sober Living Environment (SLE) converted from a previous professional office space offers a lucrative lease agreement with a stable tenant, generating $199,560 in annual rent with 3.5% yearly increases. Situated in an Opportunity Zone, this property features 21 parking spots on a 0.48-acre lot in the heart of Woodland's downtown core. The established tenant, Friends of the Mission dba Fourth and Hope, operates a Sober Living Environment program, making a positive impact in the community. Benefit from a hassle-free investment with minimal maintenance and landlord expenses, knowing the lease is secured until October 2027. Don't miss this chance to own a prime piece of real estate in a thriving location, only 20 miles from the State Capitol, Sacramento and in the town of Woodland, the County seat of Yolo County. Contact us for more details on this lucrative property investment opportunity at 814 Court Street, Woodland.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,350,000
Price Per Bed $78,333
Sale Type Investment
Cap Rate 7.02%
Property Type Health Care
Property Subtype Rehabilitation Center
Building Class C
Lot Size 0.48 AC
Building Size 5,849 SF
No. Beds 30
No. Stories 1
Year Built 2000
Parking Ratio 3.93/1,000 SF
Opportunity Zone Yes
Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
005-222-016-000
Land Assessment
$382,500 (2023)
Improvements Assessment
$714,000 (2023)
Total Assessment
$1,096,500 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024

zoning

Zoning Code Mixed Downtown - Com. (Downtown Mixed Use)
Mixed Downtown - Com. (Downtown Mixed Use)
  • Listing ID: 33219093

  • Date on Market: 9/18/2024

  • Last Updated:

  • Address: 814 Court St, Woodland, CA 95695

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