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$ 2,117,000
Est. payment /mo
New
1031 E Tulare Road Lindsay, CA 93247
27 Beds
14 Baths
11,881 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,881 sqft
Price per Sqft $178
MLS Listing ID 244950
Bedrooms 27
Year Built 1961
Lot Size 1.150 Acres
Property Sub-Type Multi Family
Property Description
Rare opportunity to purchase a 14-unit Lindsay multifamily property. 5x units have been updated. All units have mini split air conditioning, tenants have individually-metered electricity. Stable tenants with avg stay of 20.1 months. The three vacant units are currently being advertised for rent at market rates. Operating expenses include updated property taxes, professional property management, insurance, repairs and maintenance. 6.9% cap rate supports $1.5M loan amount. Contact listing agent for Offering Memorandum.
Rent roll continued:
Unit 9: 2/1 850 sf leased $1,650 includes $75/water
Unit 10: 2/1 850 sf. Listed for rent $1,210.
Unit 11: 2/1 850 sf leased $1,652 includes $75/water. Numbered #13.
Unit 12: 2/1 850 sf. Listed for rent $1,210. Numbered #14.
Unit 13: 2/1 850 sf leased $1,650 includes $75/water. Numbered #15.
Unit 14: 2/1 850 sf. Listed for rent $1,210. Numbered #16. Please contact listing agent with any questions, very approachable.
Rent roll continued:
Unit 9: 2/1 850 sf leased $1,650 includes $75/water
Unit 10: 2/1 850 sf. Listed for rent $1,210.
Unit 11: 2/1 850 sf leased $1,652 includes $75/water. Numbered #13.
Unit 12: 2/1 850 sf. Listed for rent $1,210. Numbered #14.
Unit 13: 2/1 850 sf leased $1,650 includes $75/water. Numbered #15.
Unit 14: 2/1 850 sf. Listed for rent $1,210. Numbered #16. Please contact listing agent with any questions, very approachable.
Location
State CA
County Tulare
Interior
Heating Wall Furnace
Cooling Ductless, Evaporative Cooling
Laundry Inside
Exterior
Garage Spaces 15.0
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N N
Roof Type Asphalt
Building
Lot Description Level, Rectangular Lot
Story 1
Sewer Public Sewer
Listed by Jorge Espinoza • Real Brokerage Technologies
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