Cooper Avenue Apartments, located at 756 Cooper Avenue, presents a rare opportunity to acquire a ‘Value-Add’ asset in the heart of Yuba City. The property is comprised of 14 apartment 14 Units All 2 bedroom/1 bath Tremendous Value Add Opportunity Opportunity to increase rents by over $250/unit Located in the heart of Yuba City - near schools, employers, restaurants homes and offers an exceptional unit mix of 14 spacious 2 bedroom/1 bathroom units measuring on average at 785 SF. The offering allows for a tremendous opportunity acquire an asset with ability to increase rents by $300+/unit/month to market levels. Newly rented units at the subject property are leasing at $1,375/month. Cooper Avenue Apartments is located in Yuba City, close to Hwy 20 and Hwy 99. The local area offers a heavily concentrated and diverse job base, easy access to shopping, restaurants and schools.
Common Charges: $0
Interest Rate: 3.25%
Sale Price: $2,015,000
Down Payment: 25%
Term: 30 Years
Tours are coming soon :)
Yuba City is located 35 miles North of Sacramento and the metro area boasts a population of approximately 168,000.
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