Image 01 Image 02 Image 03 Image 04 Image 06 Image 07 Image 07 Image 07 Image 07
Buildings By Owner | Buy, Sell & Lease Commercial Real Estate. Privately.
top
Home For Sale California Auburn 775
You must be logged in to save properties to your favorites! Please log in.
Please Log In
 

Apartment Building For Sale By Owner

4895ft² - 8 Unit Apartment Building For Sale




Placer Hills Rd & Interstate 80, Auburn, California 95603 United States
Description

I am interested in selling my 8 unit apartment building. Property pays all it\'s bills, and owner, and maintenance. Property has been upgraded extensively throughout. Majority of deferred maintenance has been completed. 12% cap rate on this property. Good return on investment and excellent tax benefits. Low property owner involvement on this one. Owner could live in part and rent remainder out. I am selling because I went through a divource and am trying to reduce number of properties in my portfolio.

Lenders will only lend 75% LTV so you will need to have some equity in the deal if you want to buy it. Please be realistic with the financial requirements in order to buy a commercial property. I am underwater on the loan so I can not provide seller financing. I will have to pay loan down in escrow.

I AM NOT INTERESTED IN A SALE/LEASEBACK ARRANGEMENT. THERE IS NO WAY TO MITIGATE ALL RISKS TO BUYER AND SELLER.




Price: $399,000
Property Sub-Type: Apartment Building
No of Units: 8
Total Building Size: 4895 SF
Listing ID: 775

Map of: Placer Hills Rd & Interstate 80, Auburn, California 95603 United States

Featured Commercial Properties For Sale

162 Tropical Shores Way, Ft Myers Beach, Florida 33931<br />United States

Multiplex

15000 sqft

Ft Myers Beach ,  Florida

$465,000

200 West Locust Street, Mechanicsburg, Pennsylvania 17055<br />United States

Apartment Building

.33 sqft

Mechanicsburg ,  Pennsylvania

$185,000

1712 Howard Ave, Tarboro, North Carolina 27886<br />United States

Strip Center

1.5 sqft

Tarboro ,  North Carolina

$450,000

415 East Bundy, Ironwood, Michigan 49938<br />United States

Other

2.5 sqft

Ironwood ,  Michigan

$25,000

700/800 E. ROOSEVELT RD, WHEATON, Illinois 60187<br />United States

Commercial Land

WHEATON ,  Illinois

$3,400,000

east main street at 3rd street, Richmond, Virginia 23219<br />United States

Richmond ,  Virginia

$999,999