420 San Antonio Drive King City, CA 93930

Building Details

Year Built

2007

Listing Agency LIHTC Advisors

Listed by Cole Evarts · License #02250533

Source Crexi

Added: May 20 Checked: Jul 16 at 8:01 am

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Investment Insights

Based on property information with market context.

Creek Bridge Apartments is a 32-unit market-rate community constructed in 2007, located in King City, CA. The property is currently 100% occupied. The property benefits from a 100% welfare property-tax exemption. The community features a defensive 2BR/3BA family floorplate. The property has historically maintained real-estate tax expenses to under $300 of annual cash cost. The property has an assumable HUD 223(f) loan. The property contains 27,384 square feet.

Key Highlights

• 100% Occupancy: Demonstrates strong demand and immediate cash flow.
• Assumable HUD 223(f) Loan: Provides attractive financing options.
• 100% Welfare Property‑Tax Exemption: Significantly reduces operating expenses.

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FAQs

What type of property is this?

Apartment building - 32-unit apartment complex in King City, CA for sale.

Where is this apartment building located?

The property is located at 420 San Antonio Drive King City, CA.

What are key features of this property?

This property features: 100% Occupancy: Demonstrates strong demand and immediate cash flow.; **Assumable HUD 223(f) Loan**: Provides attractive financing options.; **100% Welfare Property‑Tax Exemption**: Significantly reduces operating expenses.