For Sale
$2,395,000

3330 Dover Ave Fairfield, CA 94533

Profitable school building, 7.47% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional single-story school building at 3330 Dover Ave, Fairfield, CA 94533, presents a compelling investment opportunity. Built in 2009, the property boasts a substantial 19,588 square foot lot and sits on APN 0167-321-200. Currently operating at 100% occupancy since May 25, 2017, this property generates a strong net operating income (NOI) of $179,000, resulting in an attractive 7.47% capitalization rate. The asking price is $2,395,000, representing a significant value proposition for investors seeking a stable, high-performing asset. The property's classification as "Special Purpose" and its current use as a daycare/preschool facility highlight its unique potential. This turnkey operation offers immediate cash flow and the potential for future appreciation. The property's location in Fairfield, Solano County, provides easy access to major transportation routes and a thriving community. Don't miss this chance to acquire a well-established and profitable school building in a desirable location. The price has recently been reduced by $200,000.

Highlights

  • Exceptional single-story school building in Fairfield, CA.
  • 19,588 SF lot on APN 0167-321-200.
  • 100% occupancy since May 25, 2017, generating $179,000 NOI and a 7.47% cap rate.
  • $2,395,000 asking price (recently reduced by $200,000).
  • Special Purpose property currently operating as a daycare/preschool.

Property Details for 3330 Dover Ave

Property type
Specialty properties, Schools
Year Built
2009
Stories
1

Location Insight

City
Fairfield
County
Solano
State
California
Latitude
38.289122209744
Longitude
-122.02495217529

FAQs

What type of property is this?
Specialty property - Profitable school building, 7.47% cap rate.
Where is the specialty property located?
The property is located at 3330 Dover Ave Fairfield, CA.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: Exceptional single-story school building in Fairfield, CA.; 19,588 SF lot on APN 0167-321-200.; 100% occupancy since May 25, 2017, generating $179,000 NOI and a 7.47% cap rate.
How can I contact the broker?
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3330 Dover Ave
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