Garden Fourplex with Fantastic Value Add Upside
235 Arana Dr. Martinez, CA - Garden Fourplex $1,000,000
Property Highlights
Built: 1964
Cap Rate: 7.13
Market Cap Rate: 7.7
SF: 3360
Lot SF: 6175
Laundry: Coin-Op
Parking: Carport
Water Meters: 1
Gas & Electric Meters: 5
Occupancy: 100%
Unit Mix
235 Arana Dr. consists of a large three bedroom, two - two bedroom, and a one bedroom apartment.
Investment Highlights
Lucrative value add investment opportunity at 235 Arana Dr., where potential buyers can unlock the full potential of this fourplex property. With a prime location and strong rental demand, this property promises a high return on investment for savvy investors looking to maximize their profits.
Unit D will be delivered vacant allowing the new investor to bring rents right to market, and the large three-bedroom occupant iswilling to extend a lease a market rents!