960 - 979 Marlene Street Apartments Ukiah, CA 95482
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20-unit multifamily complex in Ukiah Valley with strong cash flow.
Type:Multifamily
Property size:
22,211 SFLot size:
1.07 Acres- Added:
- Oct 26, 2024
- Days on Market:
- 542
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 960 - 979 Marlene Street Apartments
General Information
- Standard status
- Active
- Size
- 22,211 SF
- Lot size
- 1.07 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1983
Listing agent John L. Lazaro License #00928841
Listing office Coldwell Banker Mendo Realty Ukiah (707) 462-5400
Listing date Oct 26, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Mendo Realty Ukiah
Overview
Ukiah Valley Multifamily Investment Opportunity
This Ukiah Valley multi-family complex features 20 units and offers a stable tenant base. Originally a 1985 subdivision, the property was converted into condominiums on 20 individual legal parcels. The townhomes are currently rented. Each unit includes 2 bedrooms, 1.5 baths, a spacious floor plan, large upstairs bedrooms with a jack-and-jill bathroom, ample closets, central HVAC, fireplaces, and private fenced yards. On-site amenities include laundry facilities, an in-ground pool, carports, and additional paved parking. The property features landscaping with redwoods and underground utilities, creating a park-like setting at the end of a cul-de-sac in a centrally located neighborhood. The property spans 22211 square feet. A minor subdivision and rezoning were recently approved by the City of Ukiah, creating a separate 1.07 acre parcel that is not included in this offering. The entire property will be rezoned to R2 zoning. Some AP numbers will change with the recording of the final subdivision maps and re-zoning. The property is located in Mendocino County Wine Country, under two hours from the Golden Gate Bridge and one hour north of the Sonoma County Airport.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Ukiah
- County
- Mendocino
- State
- California
- Longitude
- -123.197518
- Latitude
- 39.137991
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FAQs
What type of property is this?
Apartment building - 20-unit multifamily complex in Ukiah Valley with strong cash flow.
Where is this apartment building located?
The property is located at 960 - 979 Marlene Street Apartments Ukiah, CA.
What is the asking price?
The asking price for this property is $3,485,000.
What are key features of this property?
This property features: 20‑unit multi‑family complex offering terrific cash flow with strong rents and a stable tenant base.; Each unit is a 2 bedroom, 1.5 bath townhome featuring a spacious floor plan, central HVAC, fireplace, and private fenced yard.; Located in a desirable, centrally located neighborhood at the end of a cul‑de‑sac.
