Multifamily
Autumn Oaks Apartments
1400 Humphrey Dr, Suisun City, CA 94585
Listing Price: $16,085,000
Investment Overview
Autumn Oaks Apartments offers well-located, comfortable living with convenient access to key employment, healthcare, and retail destinations throughout Solano County. The property features spacious one, two, and three-bedroom apartment homes and townhomes and is ideally situated near NorthBay Health Medical Center with immediate access to Interstate 80 and State Route 12. Residents benefit from proximity to Travis Air Force Base, the new California Forever project, Vacaville Outlets, and a wide range of shopping, dining, and entertainment options, making everyday commuting and lifestyle needs easily accessible.
The subject property boasts a large 3.12-acre site on two parcels with well-manicured landscaping and great curb appeal. Per property records, the complex is of 1978 construction, with twelve two-story buildings that benefit from all new pitched composite roofs, a renovated pool area, and unit upgrades upon turnover The complex is configured with open parking to the sides, a sparkling central pool with vast lawn area to the center, two onsite laundry rooms, and a dedicated rental office towards the front entrance. Unit interiors are in superior condition with turnovers benefiting from full kitchen remodel which includes new cabinets, countertops, new stainless-steel appliances. Unit amenities include garbage disposals, dishwashers, electric stoves, gas wall heaters, individual a/c units, and ceiling fans in most units. The complex is separately metered for PG&E, with RUBS reimbursement in place. The property is professionally managed with long term onsite and off-site management in place. Offered for sale, for the first time in several decades, this asset provides a
compelling value add opportunity for a new investor.
Investment Highlights
- Superior unit mix featuring oversized floorplans averaging 983 SF, including select units with private patios.
- Attractive pricing metrics: 6.01% current CAP / 6.80% market CAP, $275.68 PSF, 10.49 current GRM / 9.67 market GRM.
- Strong growth story near the planned California Forever development, including the 2,100-acre Solano Foundry and 170,000 proposed homes, driving future housing demand.
- Excellent commuter location between Sacramento and the Bay Area with convenient access to major employment centers.
- Just 4.5 miles from Travis Air Force Base, a major regional employer with over 10,000 jobs.
- Well-maintained garden-style community on 3.12 acres featuring ample parking, a pool, two laundry facilities, and a leasing office.
- Significant recent capital improvements including new composite roofs, a resurfaced pool, and renovated units throughout the property.
Exclusively Listed By
Investment Highlights
- Superior unit mix featuring oversized floorplans averaging 983 SF, including select units with private patios.
- Attractive pricing metrics: 6.01% current CAP / 6.80% market CAP, $275.68 PSF, 10.49 current GRM / 9.67 market GRM.
- Strong growth story near the planned California Forever development, including the 2,100-acre Solano Foundry and 170,000 proposed homes, driving future housing demand.
- Excellent commuter location between Sacramento and the Bay Area with convenient access to major employment centers.
- Just 4.5 miles from Travis Air Force Base, a major regional employer with over 10,000 jobs.
- Well-maintained garden-style community on 3.12 acres featuring ample parking, a pool, two laundry facilities, and a leasing office.
- Significant recent capital improvements including new composite roofs, a resurfaced pool, and renovated units throughout the property.
Investment Overview
Autumn Oaks Apartments offers well-located, comfortable living with convenient access to key employment, healthcare, and retail destinations throughout Solano County. The property features spacious one, two, and three-bedroom apartment homes and townhomes and is ideally situated near NorthBay Health Medical Center with immediate access to Interstate 80 and State Route 12. Residents benefit from proximity to Travis Air Force Base, the new California Forever project, Vacaville Outlets, and a wide range of shopping, dining, and entertainment options, making everyday commuting and lifestyle needs easily accessible. The subject property boasts a large 3.12-acre site on two parcels with well-manicured landscaping and great curb appeal. Per property records, the complex is of 1978 construction, with twelve two-story buildings that benefit from all new pitched composite roofs, a renovated pool area, and unit upgrades upon turnover The complex is configured with open parking to the sides, a sparkling central pool with vast lawn area to the center, two onsite laundry rooms, and a dedicated rental office towards the front entrance. Unit interiors are in superior condition with turnovers benefiting from full kitchen remodel which includes new cabinets, countertops, new stainless-steel appliances. Unit amenities include garbage disposals, dishwashers, electric stoves, gas wall heaters, individual a/c units, and ceiling fans in most units. The complex is separately metered for PG&E, with RUBS reimbursement in place. The property is professionally managed with long term onsite and off-site management in place. Offered for sale, for the first time in several decades, this asset provides a compelling value add opportunity for a new investor.
Exclusively Listed By