Vallejo, CA 94591,3400 Tennessee ST
$1,075,000
$1,075,000
Est.Price: ?

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0.4 Acres Lot

3400 Tennessee ST Vallejo, CA 94591

Est. payment /mo
SOLD DATE : 08/15/2022

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Key Details

Sold Price $1,075,000

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 321112213

Year Built 1970

Lot Size 0.402 Acres

Property Description

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.

Location

State CA

County Solano

Area Vallejo 1

Interior

Heating Other

Cooling Other

Laundry Other

Exterior

Garage Other

Building

Lot Description Other

Story 2

Sewer Other

Water Other

Others

Special Listing Condition None

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MetroList® Services, Inc (RESO)
Listed by Gravitas Commercial Real Estate
Bought with Gravitas Commercial Real Estate

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Jeff Barnhart

Realtor | License ID: 01495886

+1(916) 251-6778

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