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Key Details
Sold Price $1,075,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 321112213
Sold Date 08/15/22
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1970
Lot Size 0.402 Acres
Acres 0.4017
Property Description
Gravitas CRE is pleased to present the Grenada Heights Apartments, located at 3400 Tennessee Street in Vallejo. Situated on .4 acres, the subject property consists of all two bedroom / one and a half bath townhouse style units. Each unit comes with two covered parking spaces all on an elevated, quiet East Vallejo setting. The offering presents investors a going-in 5.9% cap rate and a 11.3 GRM. Additionally, at $201/ft, a new Buyer will benefit from a below replacement cost acquisition. Please do not disturb the tenants.
Location
State CA
County Solano
Area Vallejo 1
Direction 80 to tennessee
Interior
Heating Other
Cooling Other
Laundry Other
Exterior
Garage Other
Water Access Desc Other
Building
Lot Description Other
Story 2
Sewer Other
Water Other
Others
Senior Community No
Tax ID 0081-261-060
Special Listing Condition None
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Bought with Gravitas Commercial Real Estate
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