For more information regarding the value of a property, please contact us for a free consultation.
3400 Tennessee ST Vallejo, CA 94591
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
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
Read Less
Bought with Gravitas Commercial Real Estate