Multi-Family Property For Sale1026 Tuolumne Ave, Angels Camp
To discuss your property or any commercial real estate needs please contact
DANNY PRICECalBRE Lic. No. 01895497209.491.3415 | [email protected]
DUKE LEFFLER, SIOR, CCIMCalBRE Lic. No. 00711882209.491.3414 | [email protected]
RANDY HIGH JR., CCIMCalBRE Lic. No. 01238404209.491.3413 | [email protected]
PROPERTY INFORMATIONAddress 1026 Tuolumne Ave, Angels Camp, CASale Price $1,495,000.00Square Footage ±8,192 SFLot Size ±0.44 ACBuildings Two (2)Units Six (6) per building
County CalaverasProperty Type Multi-FamilyProperty Sub-Type ApartmentsYear Built 1972 & Renovated 2017APN 060-008-003-000
Property Description:Oak Tree Apartments consist of Twelve (12) Apartment Units within two (2) two (2) story buildings, and a new roof was installed on one (1) building in 2020. There is a covered parking structures as well. All units had upgrades within the last 2-3 years (see photos on pages 10 & 11).
Ideally located just off highway 49 in Angels Camp, CA. Close proximity too many retail services and schools. Angels Camp is home to WorldMark by Wyndham vacation resort located on the Greenhorn Creek Golf Course, O.A.R.S. Whitewater Rafting & Adventure headquarters, Mark Twain, the Jumping Frog Jubilee & County Fair, and one of the finest gold rush history museums in the heart of the Sierra Nevada. Close proximity to Mark Twain Elementary K - 8 and Bret Harte Union High School.
Highlights:• Limited supply of apartment buildings• Close proximity to retail, banks, and schools• Proforma includes 5% for property management• New roof on one (1) building in 2020• Foothill Real Estate market extremely strong
Sale Notes:Existing rents provided by Seller with projections for Expenses provides a ±5.60% Cap Rate Current. Projected Rents provide a 6.2% Cap Rate with the same projected expenses.
To discuss your property or any commercial real estate needs please contact:
DANNY PRICECalBRE Lic. No. 01895497209.491.3415 | [email protected]
DUKE LEFFLER, SIOR, CCIMCalBRE Lic. No. 00711882209.491.3414 | [email protected]
RANDY HIGH JR., CCIMCalBRE Lic. No. 01238404209.491.3413 | [email protected]
The information contained herein is deemed reliable, but is not guaranteed.
PROPERTY INFORMATION
Unit Mix:
Beds Baths Units Asking Rent
2 1 10 $995.00 - $1,125.00
1 1 1 $950.00
Studio 1 1 $650.00
Amentities:• Laundry Facilities• Balcony• Range• Tub/Shower• Deck
To discuss your property or any commercial real estate needs please contact:
DANNY PRICECalBRE Lic. No. 01895497209.491.3415 | [email protected]
DUKE LEFFLER, SIOR, CCIMCalBRE Lic. No. 00711882209.491.3414 | [email protected]
RANDY HIGH JR., CCIMCalBRE Lic. No. 01238404209.491.3413 | [email protected]
The information contained herein is deemed reliable, but is not guaranteed.
FINANCIAL SHEET
To discuss your property or any commercial real estate needs please contact:
DANNY PRICECalBRE Lic. No. 01895497209.491.3415 | [email protected]
DUKE LEFFLER, SIOR, CCIMCalBRE Lic. No. 00711882209.491.3414 | [email protected]
RANDY HIGH JR., CCIMCalBRE Lic. No. 01238404209.491.3413 | [email protected]
The information contained herein is deemed reliable, but is not guaranteed.
COMPARABLE SALES
To discuss your property or any commercial real estate needs please contact:
DANNY PRICECalBRE Lic. No. 01895497209.491.3415 | [email protected]
DUKE LEFFLER, SIOR, CCIMCalBRE Lic. No. 00711882209.491.3414 | [email protected]
RANDY HIGH JR., CCIMCalBRE Lic. No. 01238404209.491.3413 | [email protected]
The information contained herein is deemed reliable, but is not guaranteed.
Property Address 2301 5TH ST,HUGHSON, CA
1139 W G ST,OAKDALE, CA
211 E STREET, WATERFORD, CA
8 UNITS
830 F STREET, TURLOCK, CA
8 UNITS
1338 W 12TH ST,TRACY, CA
8 UNITS
1304 BYWOOD LN, MODESTO, CA
Price $818,000 $845,000 $759,000 $880,000 $1,290,000 $2,000,000
Price/Unit NA NA $94,875 $110,000 $161,250 $222,222
Cap Rate Actual 6.18% 4.80% 4.80% 4.63% NA 6.00%
Cap Rate Proforma NA NA NA 5.50% 7.36% NA
Close of Escrow 10/07/2019 09/24/2019 07/31/2019 07/30/2019 07/19/2019 07/12/2019
COMPARABLE SALES
To discuss your property or any commercial real estate needs please contact:
DANNY PRICECalBRE Lic. No. 01895497209.491.3415 | [email protected]
DUKE LEFFLER, SIOR, CCIMCalBRE Lic. No. 00711882209.491.3414 | [email protected]
RANDY HIGH JR., CCIMCalBRE Lic. No. 01238404209.491.3413 | [email protected]
The information contained herein is deemed reliable, but is not guaranteed.
Property Address
617 TULLY RD, MODESTO, CA
16 UNITS
426 SYCAMORE, MODESTO CA
11 UNITS
1300 PIONEER AVE,TURLOCK, CA
28 UNITS
111 N WALNUT AVE,MANTECA, CA
10 UNITS
606 STARR AVE, TURLOCK, CA
6 UNITS
589 SOUTH AVE, TURLOCK, CA
5 UNITS
Price $1,475,000 $1,540,000 $2,100,000 $1,645,000 $800,000 $650,000
Price/Unit $92,188 $140,000 $140,000 $164,500 $133,333 $130,000
Cap Rate Actual 5.07% 6.15% NA 5.54% 5.10% 4.50%
Cap Rate Proforma NA NA NA NA NA NA
Close of Escrow 05/22/2019 04/23/2019 03/06/2019 02/07/2019 02/05/2019 09/28/2018
COMPARABLE SALES
To discuss your property or any commercial real estate needs please contact:
DANNY PRICECalBRE Lic. No. 01895497209.491.3415 | [email protected]
DUKE LEFFLER, SIOR, CCIMCalBRE Lic. No. 00711882209.491.3414 | [email protected]
RANDY HIGH JR., CCIMCalBRE Lic. No. 01238404209.491.3413 | [email protected]
The information contained herein is deemed reliable, but is not guaranteed.
Property Address
120 E FAIRMONT, MODESTO, CA
15 UNITS
5341/49 JEPPSON, SALIDA, CA
5 UNITS
1641 HOLLY DR,TRACY, CA
8 UNITS
127-129 N LOCUST, RIPON, CA
10 UNITS
961 WAKEFIELD,TURLOCK, CA
13 UNITS
Price $1,500,000 $950,000 $975,000 $1,348,000 $1,237,000
Price/Unit $100,000 $95,000 $121,875 $134,800 $95,192
Cap Rate Actual 6.04% 5.50% NA NA 5.13%
Cap Rate Proforma NA NA NA NA NA
Close of Escrow 06/29/2018 06/11/2018 05/25/2018 04/23/2018 02/21/2018
LOCATION MAP
To discuss your property or any commercial real estate needs please contact:
DANNY PRICECalBRE Lic. No. 01895497209.491.3415 | [email protected]
DUKE LEFFLER, SIOR, CCIMCalBRE Lic. No. 00711882209.491.3414 | [email protected]
RANDY HIGH JR., CCIMCalBRE Lic. No. 01238404209.491.3413 | [email protected]
The information contained herein is deemed reliable, but is not guaranteed.
AERIAL VIEW
To discuss your property or any commercial real estate needs please contact:
DANNY PRICECalBRE Lic. No. 01895497209.491.3415 | [email protected]
DUKE LEFFLER, SIOR, CCIMCalBRE Lic. No. 00711882209.491.3414 | [email protected]
RANDY HIGH JR., CCIMCalBRE Lic. No. 01238404209.491.3413 | [email protected]
The information contained herein is deemed reliable, but is not guaranteed.
Bret Harte Union
High School
INTERIOR PHOTOS
To discuss your property or any commercial real estate needs please contact:
DANNY PRICECalBRE Lic. No. 01895497209.491.3415 | [email protected]
DUKE LEFFLER, SIOR, CCIMCalBRE Lic. No. 00711882209.491.3414 | [email protected]
RANDY HIGH JR., CCIMCalBRE Lic. No. 01238404209.491.3413 | [email protected]
The information contained herein is deemed reliable, but is not guaranteed.
INTERIOR PHOTOS
To discuss your property or any commercial real estate needs please contact:
DANNY PRICECalBRE Lic. No. 01895497209.491.3415 | [email protected]
DUKE LEFFLER, SIOR, CCIMCalBRE Lic. No. 00711882209.491.3414 | [email protected]
RANDY HIGH JR., CCIMCalBRE Lic. No. 01238404209.491.3413 | [email protected]
The information contained herein is deemed reliable, but is not guaranteed.
PARCEL VIEW
To discuss your property or any commercial real estate needs please contact:
DANNY PRICECalBRE Lic. No. 01895497209.491.3415 | [email protected]
DUKE LEFFLER, SIOR, CCIMCalBRE Lic. No. 00711882209.491.3414 | [email protected]
RANDY HIGH JR., CCIMCalBRE Lic. No. 01238404209.491.3413 | [email protected]
The information contained herein is deemed reliable, but is not guaranteed.
