1816 Hile Avenue

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Address: 1816 Hile Ave, Linda, CA 95901, USA

California & West + Apartment Buildings

Created date: September 6, 2024

Date last updated: September 10, 2024

Great Unit Mix; (17) 2-bedroom, 1-bathroom units and (1) 3-bedroom, 1-bathroom unit
Each unit is separately metered for electricity and gas, reducing owner expenses
Brand new roof recently installed, ensuring low maintenance and long-term durability
Energy-efficient double pane windows that enhance tenant comfort and reduce utility costs
High Cash Flow
One of the few multifamily properties in Marysville, making it a rare investment opportunity
Turn-key condition, ideal for investors seeking immediate returns without significant renovation costs

Property Description

Presenting a fantastic investment opportunity in Marysville, California – this 18-unit multifamily property boasts a mix of (17) spacious 2-bedroom, 1-bathroom units and (1) 3-bedroom, 1-bathroom unit. The property is in excellent condition, featuring a brand-new roof and energy-efficient double pane windows, which help reduce energy costs and enhance tenant comfort. With strong cash flow, this property is an ideal addition to any investment portfolio. Each unit offers well-designed living spaces that appeal to a wide range of tenants, further supporting its consistent income stream. This well-maintained property is the perfect opportunity for investors seeking a high-performing asset with long-term income potential.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$2,500,000
No. of Units:	18
Year Built:	1963
Lot Size:	1.45 Sq ft
Opportunity Zone:	No
Price per unit:	$138,889
Property Website	Click Here