$3,945,000
Redding, CA 96003
MLS# 21-1023
Status: Closed
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Property Description
This offering consists of 7 multiplexes totaling 45 units located within an opportunity zone. Profitable cash flow with upside potential on rents. Additional units also available for a total of up to 213. Details will be provided upon providing preapproval and confidentiality agreement.
Details
Address Information
Cross Street: Various
Street Number: 0000
Street Name: Confidential
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 4500000
Parcel Number: Various
Lot Dim or Acres: Varies
GP Zone: NOT AVAILABLE
Zoning: RED - RM - Multiple Family Districts
Year Built Desc: Unknown
Stories: 2
Current Price: $3,945,000
Area: 01 - NW Redding
Subdivision: N/A
Remarks
Public Remarks: This offering consists of 7 multiplexes totaling 45 units located within an opportunity zone. Profitable cash flow with upside potential on rents. Additional units also available for a total of up to 213. Details will be provided upon providing preapproval and confidentiality agreement.
Directions: Redding, CA
Unit Type
5 or More: 1
Complex: 1
Duplex: 1
Four Plex: 1
Sub Zoning
Conforming: 1
Exterior
Other: 1
Parking
Assigned: 1
Garage: 1
Carport: 1
Off Street: 1
On Street: 1
Unit Description
2 Bedroom: 1
Studio: 1
Some Units Include
Air Conditioner: 1
Balcony/Deck: 1
Cable: 1
Patio: 1
Washer/Dryer Hookups: 1
Ownership
Seller: 1
Available Terms
1031 Required: 1
All Cash to Seller: 1
Cash: 1
Cash to New Loan: 1
Expense Data Source
Owner: 1
Possession
Arrange: 1
Selling Terms
Cash: 1
Owner Expenses
Insurance: 1
Bldg/Grnds Mnt: 1
Garbage: 1
Real Estate Tax: 1
Financial Info
Complete Package: Yes
Tenant Expenses
Cable: 1
Electric: 1
Water: 1
Existing Rntl Terms
Month to Month: 1
Lease: 1
Deposit Held: 1
Contract Information
Status: Closed
List Date: 2021-03-09
Sold Date: 2021-06-30
Under Contract Date: 2021-03-22
Sold Price: $3,945,000
Property Features
Unit Type: 5 or More; Complex; Duplex; Four Plex
Sub Zoning: Conforming
Exterior: Other
Parking: Assigned; Assigned; Off Street; On Street; Garage; Carport; Off Street; On Street
Unit Description: 2 Bedroom; Studio
Some Units Include: Air Conditioner; Balcony/Deck; Cable; Patio; Washer/Dryer Hookups
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
IDX
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
Information deemed reliable but not guaranteed.