Sharis 453 Fleming Ave E Immeuble residentiel 32 lots 4 154 692 € (129 834 €/Lot) Taux de capitalisation 6,65 % Vallejo, CA 94591

Part of larger ten property portfolio sale that is subject to Court Approval. Non Disclosure Agreement Required prior to review of Offering Memorandum and financial information. Properties for sale individually or as entire portfolio.
The Sharis Apartments at 453-415 East Fleming Avenue, Vallejo, CA are a well-kept, clean apartment complex in an ideal location, with great access to nearby employment
centers. The property is minutes to the San Francisco Bay and Napa Marsh and is perched atop a hillside just seven minutes from the Vallejo Ferry Terminal. Built circa 1975, (per county records) the two-story complex consists of three main buildings around a large courtyard, with a fourth building housing an office, maintenance, and laundry facility. This offering boasts large patios and balconies and is well designed with a manicured central grass courtyard and covered car parking to the side and rear of the spacious 0.58-acre parcel. The property is located near to Highway 80 & Highway 37, allowing convenient tenant access to Marin, Napa, Sacramento, and San Francisco
for those who commute by car to major nearby job centers. A relaxing alterative to driving is provided by an easy commute via. ferry to downtown San Francisco.
The complex unit mix consists of (20) 1Br/1-Bath and (12) Br/1-Bath apartments, with a sliding door to either a balcony or patio. Unit interiors feature carpeted dining room
and bedrooms, luxury vinyl plank kitchen and bathroom flooring, electric stoves, garbage disposals, ceiling fans, and gas-wall heaters. Each unit is separately metered for PG&E, with utility bill-back to tenants in place, thus ensuring predictable steady operations for the new buyer with minimal expenses.