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.
Active
$1,800,000
1776 Daryl Porter Way, Oroville, CA 95966
22beds
0baths
9,412sqft
Est.:
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
- 16 days |
- 224 |
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