Courtesy of: Marc Guillon | | Gravitas Commercial Real Estate |
Purchase Type: Sale
MLS ID: BAR321112213
Year Build: 1970
Lot size: 0.402
Property Type: Residential Income
Property Subtype: 5 or More Units
Area: Vallejo 1
Swimming Pool: No
Address: 3400 Tennessee Street
Neighborhood: Vallejo 1
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.
Listing Agent: Marc Guillon Courtesy of: Gravitas Commercial Real Estate The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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