Multifamily

1032 Elliot Street

1032 Elliot Street, Woodland, CA 95695

Listing Price: $2,400,000

Cap Rate
5.00%
Number of Units
22
GRM
12.06
Occupancy
96.00%
Price/Unit
$109,091
Price/Gross SF
$252.47
Gross SF
9,506

Investment Overview

Marcus & Millichap is pleased to market for sale a 22-unit apartment investment opportunity in Woodland, California. The building is over 9,500 square and feet sits quietly on approximately half of an acre on a low traffic street yet conveniently located to all major locations in Woodland.

There are added-value opportunities with excess land at the south end of the lot. The zoning is N-P with a county use code to add up to 40 units on the property. Six of the units have large private balconies hidden behind a tree lined path next to the parking area.

Investment Highlights

  • All Tenants are on Month-to-Month Basis
  • Excess Land Available with Ample Off-Street Parking
  • Positive Cash Flow with Further Added-Value Opportunities
  • Secluded off the Main Road Yet Very Close to All Major Locations
  • Rare Opportunity to Invest Under 30 Units

Exclusively Listed By

Listing Price: $2,400,000

Cap Rate
5.00%
Number of Units
22
GRM
12.06
Occupancy
96.00%
Price/Unit
$109,091
Price/Gross SF
$252.47
Gross SF
9,506

Investment Highlights

  • All Tenants are on Month-to-Month Basis
  • Excess Land Available with Ample Off-Street Parking
  • Positive Cash Flow with Further Added-Value Opportunities
  • Secluded off the Main Road Yet Very Close to All Major Locations
  • Rare Opportunity to Invest Under 30 Units

Investment Overview

Marcus & Millichap is pleased to market for sale a 22-unit apartment investment opportunity in Woodland, California. The building is over 9,500 square and feet sits quietly on approximately half of an acre on a low traffic street yet conveniently located to all major locations in Woodland.

There are added-value opportunities with excess land at the south end of the lot. The zoning is N-P with a county use code to add up to 40 units on the property. Six of the units have large private balconies hidden behind a tree lined path next to the parking area.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower