$1,895,000

Excellent opportunity for an investor looking for rental upside on a beautiful apartment complex along the Sacramento River.725-735 Lakeside Drive, Red Bluff features all (9) 3 Bedroom and 2 Bathroom units and (3) Bedroom and 1 Bathroom with spacious layouts between 900 to 1,000 SF, along with two balconies per apartment. The units are laid out perfectly for families or roommates to share the common areas yet still have privacy within their standalone bedrooms. Each bedroom boasts tons of natural lighting through the dual pane windows and sliding glass door leading to their balcony. The kitchens have an open concept and are equipped with appliances which include refrigerator, dishwashers, disposals, and microwave. The units feature durable premium laminate flooring, dual pane windows, central HVAC, and Washer/Dryer hook-ups with select units having stackable W/D. (6) units have washer and dryer stackable units, the remaining (6) have hookups for resident owned machines. Each apartment features central HVAC along with being separately metered for electric and gas. There's also a large onsite parking lot which was also resealed. At the moment, 10 of 12 units are rented, collecting $12,250 per month.