Description
2065 Riley Court presents an excellent opportunity for an investor to purchase a 10 unit apartment building in the city of Concord. Built-in 1986, the property consists of one building on a 22,216 square foot lot. The combined square footage of all building is 9,148 square feet and includes covered and uncovered parking stalls onsite. The building's ownership has made regular improvements to the property installing wood vinyl and laminate flooring, adding new kitchen cabinetry, counter tops, and appliances through several units and installing security cameras. Operating expenses are minimal, as all of the units are individually metered for PG&E. There is limited landscaping to maintain, and at 10 units onsite management is not required by the state. An additional room houses a coin-operated laundry machine and dryer which are included in the sale. This great opportunity allows for the new owner to immediately reposition the property and add value.
Location
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Listing Agent: Matthew Rulloda
Listing Office: Berkshire Hathaway Home Svcs
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