1410-1420 Victor, Redding, CA 96003
Property Type:
Investment
Lot Size (sq. ft.):
35,283
Status:
Closed
Current Price:
$1,760,005
List Date:
4/25/2022
Last Modified:
2/07/2024
Description
100% Leased Investment - 5 year modified gross lease to private school. 6.25% Cap Rate. The property was improved for the school in 1986 and offers programs from age 2 to age 12. The property consists of two parcels and is improved with a former residential tri-plex that is now used for housing and classrooms. The second parcel is improved with the main building that is 4,534 square feet. Corner location with easy access to all of Redding. The tenant has a superb reputation in the community and has been in operation at this site since 1986. DO NOT DISTURB TENANT OR VISIT PROPERTY WITHOUT CONTACTING BROKER.
More Information MLS# 22-2014
Listing Office: Haedrich & Co., Inc.
Last Updated: February - 07 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.