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Multifamily

1060 South St

1060 South St, Hollister, CA 95023

Listing Price: $2,650,000

Cap Rate
4.00%
Number of Units
4
GRM
17.81
Occupancy
97.0%
Price/Unit
$662,500
Price/Gross SF
$615.13
Gross SF
4,308

Investment Overview

Dive into the heart of the thriving Hollister real estate market with the brand-new construction at 1060 South Street. This property, strategically positioned and meticulously designed, promises not just returns but a stable and growing cash flow. With four townhome-style units, each offering a spacious 2-bedroom, 2 1/2 bathroom layout, investors can anticipate consistent rental income from a diverse tenant base. Modern amenities such as in-unit washer and dryer facilities, state-of-the-art heating and air conditioning systems, and ample parking spaces ensure premium rents and reduced vacancies. The separate metering for each unit guarantees transparency and ease in utility billing, reducing administrative hassles. As a brand-new construction, investors can look forward to minimal maintenance costs in the initial years, maximizing net operating income. This property is investor-ready from day one, allowing you to dive straight into returns without the need for initial repairs, renovations, or upgrades. Located in the burgeoning town of Hollister, there's also the potential for appreciation in property value and rental rates as the community continues to grow and develop. In essence, 1060 South Street isn't just another property; it's a tangible asset poised for substantial returns. For those seeking a blend of stability and growth in their portfolio, this opportunity truly stands out. Secure your future cash flows and capital appreciation potential with an investment in 1060 South Street, Hollister, CA.

Investment Highlights

  • Brand New Construction
  • Modern Amenities, Higher Rents
  • Low Maintenance

Exclusively Listed By

Multifamily

1060 South St

Listing Price: $2,650,000

Cap Rate
4.00%
Number of Units
4
GRM
17.81
Occupancy
97.0%
Price/Unit
$662,500
Price/Gross SF
$615.13
Gross SF
4,308

Investment Highlights

  • Brand New Construction
  • Modern Amenities, Higher Rents
  • Low Maintenance

Investment Overview

Dive into the heart of the thriving Hollister real estate market with the brand-new construction at 1060 South Street. This property, strategically positioned and meticulously designed, promises not just returns but a stable and growing cash flow. With four townhome-style units, each offering a spacious 2-bedroom, 2 1/2 bathroom layout, investors can anticipate consistent rental income from a diverse tenant base. Modern amenities such as in-unit washer and dryer facilities, state-of-the-art heating and air conditioning systems, and ample parking spaces ensure premium rents and reduced vacancies. The separate metering for each unit guarantees transparency and ease in utility billing, reducing administrative hassles. As a brand-new construction, investors can look forward to minimal maintenance costs in the initial years, maximizing net operating income. This property is investor-ready from day one, allowing you to dive straight into returns without the need for initial repairs, renovations, or upgrades. Located in the burgeoning town of Hollister, there's also the potential for appreciation in property value and rental rates as the community continues to grow and develop. In essence, 1060 South Street isn't just another property; it's a tangible asset poised for substantial returns. For those seeking a blend of stability and growth in their portfolio, this opportunity truly stands out. Secure your future cash flows and capital appreciation potential with an investment in 1060 South Street, Hollister, CA.

Exclusively Listed By

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