Renovated 8-unit apartment complex in Willits presents an exceptional investment opportunity. Spanning two lots, the property features eight 1-bedroom, 1-bathroom units, with four units situated in a two-story configuration. The comprehensive upgrades include a replaced foundation, new staircases and decks, as well as the installation of modern gas lines, plumbing, and electrical systems. Additionally, the property boasts new drywall, insulation, kitchens, bathrooms, flooring, heating systems, windows, doors, and siding, ensuring a turnkey investment. With a great capitalization rate, this well-appointed multifamily asset is poised to deliver consistent returns for discerning investors seeking to expand their real estate portfolio in the thriving Willits market.
324031706
Multi-Family, 2 Story
4
Mendocino
4 Full
1940
0.1764
Acres
Public
2
Bathrooms
4
Detailed Room Information
- Laundry
- Common Area
Interior Features
- Flooring
- Laminate
Exterior / Lot Features
- Parking
- 10 Parking Spaces.
- Roof
- Composition
- Lot View
- City, Mountain
- Additional Exterior/Lot Features
- Irregular Lot.
Financial Considerations
005-020-08-00
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