0000 Confidential, Redding, CA 96003

$6,500,000
Property Type: Residential Income Status: Closed
Current Price: $6,500,000 List Date: 10/09/2020 Last Modified: 8/31/2024

Description

This offering consists of 6 individual multiplexes totaling 31 units located within an opportunity zone. Profitable cash flow with upside potential on rents. Details will be provided upon providing preapproval and confidentiality agreement.

More Information MLS# 20-4914

Address Information

Street Number: 0000 Street Name: Confidential Cross Street: Various State/Province: CA Postal Code: 96003 County: Shasta

Property Description

Current Price: $6,500,000 Type: Residential Income Area: 01 - NW Redding List Price: 6500000 Subdivision: N/A Parcel Number: Various Lot Dim or Acres: Varies GP Zone: NOT AVAILABLE Zoning: RED - RM - Multiple Family Districts Stories: 2 Year Built Desc: Unknown

Remarks

Public Remarks: This offering consists of 6 individual multiplexes totaling 31 units located within an opportunity zone. Profitable cash flow with upside potential on rents. Details will be provided upon providing preapproval and confidentiality agreement. Directions: Redding, CA

Contract Information

Status: Closed List Date: 2020-10-07 Sold Date: 2021-02-24 Under Contract Date: 2020-11-11 Sold Price: $6,500,000

Existing Rntl Terms

Lease: 1

Financial Info

Complete Package: Yes Cap Rate: 6.63

Property Features

Unit Type: 5 or More; Complex Sub Zoning: Conforming Exterior: Other Parking: Assigned; Carport; Off Street; On Street Unit Description: 1 Bedroom; 2 Bedroom; 3 + Bedroom; Studio Some Units Include: Air Conditioner; Balcony/Deck; Cable; Patio Ownership: Seller Owner Expenses: Bldg/Grnds Mnt; Garbage; Insurance; Real Estate Tax Tenant Expenses: Cable; Electric; Water Existing Rntl Terms: Month to Month; Deposit Held Expense Data Source: Owner Available Terms: 1031 Required; All Cash to Seller; Cash; Cash to New Loan Possession: Arrange Selling Terms: Cash
Listing Office: eXp Realty of California, Inc.
Co Office Name: eXp Realty of California, Inc.
Co Listing Agent: Ginne Mistal
Last Updated: August - 31 - 2024
0000 Confidential, Redding, CA 96003- MLS# 20-4914
Information deemed reliable but not guaranteed.

Compare listings

Compare