Commercial property
Listing Agent: Amit Urban (DRE #01998926) · Listing Office: Magnify Real Estate · Contact: (877) 776-7718 · Bought with: Amit Urban · Magnify Real Estate · MLS #ML81930407 · Source: CRMLS
Magnify Real Estate is pleased to exclusively present the opportunity to acquire 30 Webster St, a nine (9) unit value-add apartment building located in the city of Colusa. Constructed in 1963, the property consists of (7) two-bedroom/one-bathroom units and (2) one-bedroom/one-bath units with a total building square feet of 5,200 (2,325 SF per County records) on a large lot amounting to 19,166 square feet. It features a common pool area, carports, coin-operated laundry, windows in original condition, and more. The property has demonstrated a robust leasing history, boasting minimal vacancies over time. With strong value-add potential, there is an opportunity to increase rental rates to market levels. The property offers proximity to several notable attractions in Colusa including Colusa National Wildlife Refuge, Colusa-Sacramento River State Recreation Area, Colusa Casino Resort, and more. Furthermore, the property benefits from its easy access to Highway 20 and Highway 45 conveniently connecting residents to neighboring cities and attractions, ensuring a seamless and convenient travel experience. View Info and Disclosures: https://www.magnify.deals/30info
Listing description from the June 2023 sale, as reported to CRMLS.