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Multifamily

1722 Linda Ave

1722 Linda Ave, Marysville, CA 95901

Listing Price: $1,137,500

Cap Rate
4.84%
Number of Units
9
Occupancy
97.0%
Price/Unit
$126,389
Price/Gross SF
$169.47
Gross SF
6,712

Investment Overview

Marcus & Millichap is pleased to present a nine-unit multifamily property, located in Marysville, California. The property consists of two fourplex units and one single-family residence for a total of nine units on a .92 acre lot. The subject property is in close proximity to Yuba College, shopping, Peach Tree Golf Course, schools and Beale Air Force base. The lot contains surplus land for possible development for additional units. There is plenty of parking for residents. The property enjoys stable management operations with an opportunity to raise rents. A total of 17 units is permissible per zoning which could provide an opportunity to entitle the land and develop or increase the desirability for a future sale. Property tours must be scheduled with the listing agent.

Investment Highlights

  • Highest and Best Use - Possibility to Develop Eight More Units, Totaling 17 Units
  • Some Units have been Recently Updated, Continued Appliance Replacement and Dual Pane Windows
  • Individually Metered

Exclusively Listed By

Multifamily

1722 Linda Ave

Listing Price: $1,137,500

Cap Rate
4.84%
Number of Units
9
Occupancy
97.0%
Price/Unit
$126,389
Price/Gross SF
$169.47
Gross SF
6,712

Investment Highlights

  • Highest and Best Use - Possibility to Develop Eight More Units, Totaling 17 Units
  • Some Units have been Recently Updated, Continued Appliance Replacement and Dual Pane Windows
  • Individually Metered

Investment Overview

Marcus & Millichap is pleased to present a nine-unit multifamily property, located in Marysville, California. The property consists of two fourplex units and one single-family residence for a total of nine units on a .92 acre lot. The subject property is in close proximity to Yuba College, shopping, Peach Tree Golf Course, schools and Beale Air Force base. The lot contains surplus land for possible development for additional units. There is plenty of parking for residents. The property enjoys stable management operations with an opportunity to raise rents. A total of 17 units is permissible per zoning which could provide an opportunity to entitle the land and develop or increase the desirability for a future sale. Property tours must be scheduled with the listing agent.

Exclusively Listed By

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