Active
  • $1,800,000

    1776 Daryl Porter Way, Oroville, CA 95966

    22beds
    0baths
    9,412sqft
    : 
    5 or More Units
    Built in 1961
    -- sqft lot
    $1,718,800 Zestimate®
    $191/sqft
    $-- HOA

    What's special

    Gated poolRecently updated parking lotLow-maintenance landscaping
    Introducing The Arbors at Hewitt Park, a fully renovated 14-unit apartment complex in the growing Oroville market. This turnkey asset consists of 8 2-bedroom units and 6 1-bedroom units, all 100% occupied and generating $18,400 in gross monthly income ($220,800 annually). The property has undergone a recent, full renovation, offering incoming investors a stabilized, low-maintenance asset with strong in-place cash flow from day one. Positioned at the end of a cul-de-sac, the property features a gated pool, on-site laundry, a recently updated parking lot, and low-maintenance landscaping. Directly adjacent is Hewitt Park, which is currently undergoing a major expansion enhancing the tenant experience, boosting long-term desirability, and adding immediate value-upside to the location. With the expanding location amenities, recent full renovation and excellent current in-place rents, this is a great property for an investor to add to their portfolio for immediate cash-flow and long term potential.
    16 days
    |
    224
    |
    15
    |
    • Loading
    • Loading