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713 Sutter Street

Vallejo, CA 94590 • Sold
$900,000

Number of Units: 8
Year Built: 1929
Square Footage: 5,666 SF

Sale Commentary:

The Sutter Apartments presented a unique challenge. With an un-reinforced brick foundation, we had to get creative to complete this transaction. We were able to locate a private money lender willing to close this transaction. With limited proceeds from the 1st loan, Seller agreed to carry a note in 2nd position for a short period of time to help facilitate the deal.

Highlights

  • Diverse Unit Mix
  • Separate Entrances
  • Brand New Kitchens
  • Separately Metered
  • 100% Occupied
  • Upside in Rents

Click here for Offering Memo