16-Unit Courtyard Apartment
For Sale
Contact for pricing
400 N Roop St, Susanville, CA 96130
Fully occupied multifamily property with one-bedroom residences, resident parking, and recent electrical improvements.
Property SizeContact for details
Lot Size0.92 Acres
Days on Market84
Property Features for 400 N Roop St
General Information
Standard status
Active
Class
B
Lot size
0.92 Acres
Property subtype
Multifamily
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$110,763
Financials
Cap Rate
8.69%
Gross Rent Multiplier
7.42
Units
Unit Mix
16 x 1BD/1BA
Multifamily Units
16
Amenities
courtyard
Building Details
Year Built
1940
Buildings
3
Stories
1
Units
16
Tenancy
Multi
Listing Agency:
Victor Martinez & Associates
Listed By:
Mina Kamel · License #CA 02219506
Source:
Crexi
Added: Jun 9
Changed: Aug 30
Last Checked: Aug 30 at 9:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Victor Martinez & Associates
Investment Insights
Based on property information with market context.
Built in 1940, this 16-unit apartment property includes one-bedroom, one-bath residences averaging approximately 650 square feet. The units are arranged in a courtyard-style configuration across approximately 0.92 acres, with open areas and on-site resident parking. Occupancy is reported at 100%, and the property has an 8.69% capitalization rate and 7.42 gross rent multiplier.
Electrical infrastructure was upgraded in 2024. The property is located at 400 N Roop Street in Susanville, near Uptown Susanville and a range of retail, restaurants, schools, government facilities, healthcare services, and employment centers throughout Lassen County.
Electrical infrastructure was upgraded in 2024. The property is located at 400 N Roop Street in Susanville, near Uptown Susanville and a range of retail, restaurants, schools, government facilities, healthcare services, and employment centers throughout Lassen County.
Key Highlights
- 16‑unit apartment property with 16 one‑bedroom, one‑bath units
- Approximately 0.92 acres with a courtyard‑style layout and open space
- Units average approximately 650 square feet
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Explore this area
Business Placement
Demographics for 96130, CA
22,121
Population
7,193
Households
3.1
Avg Household Size
36
Median Age
12%
College-Educated
77%
High-School Grad
499.9 sq mi
ZIP Area
44
Density / Sq Mi
$71,125
Median Household Income
$41,962
Median Earnings
$982
Median Rent
$258,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with one-bedroom residences, resident parking, and recent electrical improvements.
Where is this apartment building located?
The property is located at 400 N Roop St Susanville, CA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 16‑unit apartment property with 16 one‑bedroom, one‑bath units; Approximately 0.92 acres with a courtyard‑style layout and open space; Units average approximately 650 square feet
