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Sierra Foothills | 7.18% Cap Rate

4 Multifamily Properties Offered at $2,500,000 in Multiple Locations

Investment Highlights

  • Attractive Pricing with Premium Rent Potential
  • Diverse Property Mix: With four properties included, you’ll benefit from portfolio diversification, spreading your risk and increasing potential cash.
  • Simplified Management: With all properties located within the same county and just a 25-minute drive from each other.
  • Strong Income Potential with High Rental Demand
  • Operational Efficiencies: Owning multiple properties in the same portfolio allows you to take advantage of economies of scale & reducing management.

Executive Summary

Presenting the Rozier-Poplar-Preston-Fir Portfolio, a unique assembly of 20 diverse units across four properties situated in close proximity. This portfolio offers a variety of one, two, and three-bedroom units, catering to a broad tenant base. A significant portion of the units consists of single-family homes (SFH), allowing investors to acquire them at competitive pricing with the potential to increase rents to align with the higher market rates typical of SFHs. The properties are strategically located, ensuring easy access to local amenities and enabling efficient management. With a stable income stream from long-term tenants and opportunities for value-add through potential unit upgrades and market rent adjustments, the Rozier-Poplar-Preston-Fir Portfolio is a prime investment opportunity, combining stability, flexibility, and growth potential in a well-located, income-generating asset.
Elevate your investment portfolio with an exceptional opportunity in the vibrant and scenic regions of Sonora and Tuolumne, CA. Nestled in the Sierra Nevada Foothills, these areas offer a unique blend of historic charm and modern growth. Sonora, known as the "Queen of the Southern Mines," boasts a dynamic downtown, proximity to Yosemite National Park, and a thriving local economy driven by tourism and cultural events. Meanwhile, Tuolumne is experiencing significant development, including the expansion of Black Oak Casino Resort, and a strong focus on infrastructure and recreational enhancements, making both towns prime locations for real estate investments that promise solid returns and long-term growth?.

Property Facts

Price $2,500,000
Price / SF $151.47 / SF
Cap Rate 7.18%
Sale Type Investment
Status Under Contract
Number of Properties 4
Individually For Sale 0
Total Building Size 16,505 SF
Total Land Area 2.37 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
100 Preston Pl, Sonora, CA 95370 Multifamily 5,108 SF 1923 -
18505 Fir Ave, Tuolumne, CA 95379 Multifamily 2,766 SF 1938 -
18492 Chestnut Ave, Tuolumne, CA 95379 Multifamily 5,007 SF - -
24 S Poplar St, Sonora, CA 95370 Multifamily 3,624 SF 1962 -
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  • Listing ID: 33437015

  • Date on Market: 10/7/2024

  • Last Updated:

  • Address: Sierra Foothills | 7.18% Cap Rate, Sonora, CA

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