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Home For Sale

Picture of Home For Sale in Oakdale, California, United States

$1,275,000

446 Church Ave
Oakdale, California, United States

16bd 1ba

Listed By: Realtyww Info

Listed On: 05/31/2023

Listing ID: GL10313614 View More Details

Description

Introducing Park Place Apartments, an 8-unit multifamily property located in Oakdale, California. This investment opportunity offers a mix of highly sought-after 2-bedroom, 1-bath units, each approximately 780 square feet in size. With strong existing rental income, Park Place Apartments presents a compelling proposition for investors seeking stable returns. Positioned in a supply-restricted market, Oakdale is known for its limited inventory of multifamily properties, making Park Place Apartments a rare find. The property's solid unit mix and desirable location offer the potential for a 10-15% upside under new ownership. Park Place Apartments provides essential amenities for tenants, including an on-site laundry facility, individual yards and ample parking. These features enhance the property's appeal and convenience, contributing to tenant satisfaction and retention.

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Listed by: Cosol Commercial Real Estate
Source: The World Property Journal

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