105 Oak Manor DrUkiah, CA 95482
- Apartment buildings
- 1,760 SF
Property Details for 105 Oak Manor Dr
- Year built
- 1973
- Property size (Sq ft)
- 1,760 SF
- Property type
- Apartment buildings
Description
This meticulously maintained Class A apartment building presents a compelling investment opportunity in Ukiah, California. Located at 105 Oak Manor Dr, 95482, this single-story, 1,760 square foot duplex boasts 100% occupancy as of June 3, 2024. Built in 1973 and extensively renovated in 2022, the property features two units, each priced at $257,500, for a total asking price of $515,000. The property sits on an 8,092 square foot lot zoned for multi-family use. The Net Operating Income (NOI) is $34,440, resulting in a 6.69% capitalization rate. The price per square foot is $292.61. This turnkey investment offers immediate cash flow and is ideally situated near schools and shopping, making it attractive to both renters and investors. The property's excellent condition and strong financial performance make it a rare find in the current market. This is a sale/leaseback opportunity.
Location Insight
- City
- Ukiah
- County
- Mendocino
- State
- California
- Latitude
- 39.1515
- Longitude
- -123.193
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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