Multifamily
Garden Tract Townhomes
1060 South St, Redding, CA 96001
Listing Price: $2,200,000
Investment Overview
Marcus & Millichap is pleased to present the sale of Garden Tract Townhomes, an excellent investment opportunity in the heart of Redding, California. This property consists of five well-maintained buildings, each offering spacious 3 bedroom, 1.5 bathroom townhomes with approximately 1,000 square feet of living space.
With a population of around 92,000, Redding is the largest city in Shasta County and a key regional hub in Northern California. Located approximately 150 miles north of Sacramento at the northern end of the Sacramento Valley, the city is positioned near the confluence of the Sacramento and Keswick Rivers. Its strategic location makes it a gateway to outdoor recreational areas like Shasta-Trinity National Forest and Lassen Volcanic National Park, which are popular for activities such as hiking and boating.
The city’s economy is diverse, with significant employment provided by Shasta Regional Medical Center and the Redding School District. Additionally, Redding has a growing presence in tourism and outdoor recreation, leveraging its proximity to attractions like Shasta Lake and the Trinity Alps. This blend of economic activities and natural beauty underscores Redding's role as both a residential and tourist destination in Northern California.
This combination of location, property features, and income potential makes the Garden Tract Townhomes a promising addition to any real estate portfolio.
Garden Tract Townhomes
Investment Highlights
- Unit Composition: 5 Fourplex Buildings, Each Featuring 3 Bedrooms/1.5 Bathrooms, Providing Ideal Layouts For Families Or Long-Term Renters
- Prime Location: Situated Three Blocks From Downtown Redding, Residents Benefit From Proximity To Local Shopping, Dining, & Entertainment Options, Enjoying A Peaceful & Residential Environment
- Charming Setting: The Townhomes Are Located In A Beautiful, Established Neighborhood, Offering A Serene Atmosphere With Easy Access To The Downtown Area
- Unit Layout: Each Townhome Boasts 1,000 SF Of Living Space With Front And Backdoor Entryways, Offering Convenient Access And Enhancing Privacy For Residents
- Strong Rentability: Desirable Unit-Makeup & A Highly Accessible Location, These Townhomes Are Positioned For Strong Rental Demand, Offering A Steady Stream Of Income
Exclusively Listed By
Listing Price: $2,200,000
Investment Highlights
- Unit Composition: 5 Fourplex Buildings, Each Featuring 3 Bedrooms/1.5 Bathrooms, Providing Ideal Layouts For Families Or Long-Term Renters
- Prime Location: Situated Three Blocks From Downtown Redding, Residents Benefit From Proximity To Local Shopping, Dining, & Entertainment Options, Enjoying A Peaceful & Residential Environment
- Charming Setting: The Townhomes Are Located In A Beautiful, Established Neighborhood, Offering A Serene Atmosphere With Easy Access To The Downtown Area
- Unit Layout: Each Townhome Boasts 1,000 SF Of Living Space With Front And Backdoor Entryways, Offering Convenient Access And Enhancing Privacy For Residents
- Strong Rentability: Desirable Unit-Makeup & A Highly Accessible Location, These Townhomes Are Positioned For Strong Rental Demand, Offering A Steady Stream Of Income
Investment Overview
Marcus & Millichap is pleased to present the sale of Garden Tract Townhomes, an excellent investment opportunity in the heart of Redding, California. This property consists of five well-maintained buildings, each offering spacious 3 bedroom, 1.5 bathroom townhomes with approximately 1,000 square feet of living space. With a population of around 92,000, Redding is the largest city in Shasta County and a key regional hub in Northern California. Located approximately 150 miles north of Sacramento at the northern end of the Sacramento Valley, the city is positioned near the confluence of the Sacramento and Keswick Rivers. Its strategic location makes it a gateway to outdoor recreational areas like Shasta-Trinity National Forest and Lassen Volcanic National Park, which are popular for activities such as hiking and boating. The city’s economy is diverse, with significant employment provided by Shasta Regional Medical Center and the Redding School District. Additionally, Redding has a growing presence in tourism and outdoor recreation, leveraging its proximity to attractions like Shasta Lake and the Trinity Alps. This blend of economic activities and natural beauty underscores Redding's role as both a residential and tourist destination in Northern California. This combination of location, property features, and income potential makes the Garden Tract Townhomes a promising addition to any real estate portfolio.
Exclusively Listed By
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