For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

814 Court St Woodland, CA 95695

For Sale
$2,350,000

High-yield, 10-bedroom sober living facility.

Property size:
5,849 SF

Description

Added:
Dec 11, 2024
Days on Market:
366
Exceptional investment opportunity in downtown Woodland, California. This 5,849 square foot, single-story building, constructed in 2000 and renovated in 2022, sits on a 0.48-acre lot (21,083 sq ft) and offers 21 parking spaces. Currently operating as a 10-bedroom sober living environment with a stable tenant under a modified lease with a remaining term of 2.9 years (expiring October 31, 2027), the property boasts a 100% occupancy rate since May 1, 2022. The lease includes annual rent of $199,560 with a 3.5% yearly increase. The property's Net Operating Income (NOI) is $150,000, resulting in a 6.38% cap rate. Located in a DX-1 (Mixed Use) Downtown zoning area, this property presents a low-maintenance investment with significant upside potential. The property's prime location in Woodland's downtown core, only 20 miles from Sacramento, and its designation as an Opportunity Zone further enhance its investment appeal. This is a rare opportunity to acquire a well-maintained, high-performing asset in a desirable location. The property features a modern build and is situated in a thriving downtown area.

Property Features for 814 Court St

General Information

Property type
Multifamily properties
Square Feet
5,849 SF
Class
B

Building Details

Year Built/Renovated
2000/2022
Buildings
1
Stories
1

HighLights

  • $199,560 Annual Net Operating Income (NOI), $16,630 monthly.
  • 3.5% annual rent increases built into the lease.
  • New three‑year lease, expiring 2027.
  • Creditworthy, established tenant in place.
  • Low‑maintenance property.
  • Modern building construction.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Woodland
County
Yolo
State
California
Longitude
-121.769881
Latitude
38.6783885

FAQs

What type of property is this?
Multifamily property - High-yield, 10-bedroom sober living facility.
Where is this multifamily property located?
The property is located at 814 Court St Woodland, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: $199,560 Annual Net Operating Income (NOI), $16,630 monthly.; 3.5% annual rent increases built into the lease.; New three-year lease, expiring 2027.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message