|
|
|
107 King Rd,
Roseville CA, 95678
(Closed)
Skip Slideshow
-
Continental Arms is a 39 Unit apartment complex in Roseville, California. Multi-family investment opportunities of this size DO NOT come available frequently - this is the first time this complex has come to market in 48 YEARS. Extraordinarily well main
-
There are four parcels included with this opportunity. Parcel #1 includes the 39 unit apartment complex. Parcel #2 is nearly half an acre and is the location for the complex's pool (which is nearly Olympic size). Parcel #3 has oversized parking slips w
-
Stucco construction, professional landscaping. Roofs redone in 2004/2005 with 40 year composition shingles. Previous roof was torn down to the plywood underlay and also replaced.
-
(22) 1-bedroom units at approximately 675 square feet each. (16) oversized 2-bedroom units at approximately 922 square feet each. (1) studio unit over the centralized laundry room at approximately 435 square feet. In addition to the centralized laundry
-
Interior stairs ensure lower maintenance costs as they are not prone to weather damage. Tenants appreciate staying dry as they haul their groceries to their units.
-
Parking is nearly 2:1, and could be greater than 2:1 if needed. This is a good picture of the roof as well. Note the significant slope/pitch - excellent for water runoff and reduced maintenance.
-
3 seperate buildings on site. 2 of the buildings house the 2-bedroom units. 1 building houses the 1-bedroom units and the studio.
-
The pool. Oversized. Nearly Olympic. This pool sits on a residentially zoned lot that is nearly half an acre. Potential development opportunity for more units or duplex?
-
Commercial lot fronting Douglas Boulevard is approximately .17 +/- acres. Potential development, resale, or elegant monument sign for Continental Arms.
-
Oversized parking on one of the parcels included with this sale. This parcel is approximately .20 acres and is zoned residential. More development opportunities for additional units or duplexes? Currently used - and generating income - for fee based st
-
Units have been maintained well. Cabinets are original. They are resurfaced and refinished as the units turn. Tile countertops. Residents stay very long term - one tenant has been in the complex since 1965 !!
-
Lenolium/vinyl and carpet are frequently replaced when a unit turns. Appliances are all functional and easy to service. The owners maintain a stockpile of spare parts that will transfer with this sale.
-
Oversized cabinets are original and made of SOLID WOOD. Oversized. Refinished and resealed when a unit turns.
-
Tile countertops. Some updated appliances. Newer lenolium / vinyl in many kitchens.
-
Clean bathrooms throughout. Newer lenolium / vinyl in some units as it is often replaced as a unit turns.
-
Another view of an bathroom in a unit that has been turned and is ready to lease (this unit is now occupied).
-
Tile shower enclosures. Sliding shower doors instead of shower curtains means lower water damage maintenance over the life of the bath. Frequently re-grouted and re-caulked.
-
Oversized bedrooms in the units - many with dual windows. Units are cable ready. Units are independently "breakered" (electrical service disconnect).
-
More closet storage than most tenants have ever experienced. Tenants appreciate this and it contributes to the long term retention of many tenants.
-
Front living room is also oversized, and very well lit. If carpets are not able to be cleaned (and cleaned well), then the carpet is replaced. This is a unit during a turn, and is now leased up. Note updated wall AC unit. Difficult to see in the pictu
-
Center island is professionally landscaped. Remove it and replace it with?... an updated pool? A clubhouse for the tenants? Leasing office? More units? More parking? Do something to increase eye "pop" or to generate more revenue and increase NOI.
-
Another view of the center island. Good view of the roofs over the 1-bedroom units (Building #3). Note the pitch at the end of the roof. When built, this was the most elegant and desirable apartment complex in Roseville.
-
Each unit has central heat. All heating units are the same and owner has spare parts. Maintenance costs are kept low. Note how clean the furnace cabinet is. During unit turns, the owners will remove the metal vent from the closet door, sand, and re-pa
-
This is a cover for the centralized vaccuum system - which is plumbed to each unit. Something rarely (never) seen in an apartment complex. All vacuum hose equipment is still available and kept in storage in the maintanance room.
-
Central vacuum canisters / motors are METAL. They are operational. Each building has its own central vaccuum system.
Listing Provided Courtesy Of: Neighborly Realty
All real estate data provided on this Site is strictly for the personal, private, non-commercial use of User and is not made available for redistribution, retransmission, reformatting, modification or copying. User may not sell or use any of the real estate data on this Site for any purpose other than attempting to evaluate houses or properties for sale or purchase by User. User acknowledges that the real estate data on this Site is provided by MetroList Services, Inc., a California corporation (MetroList), and User acknowledges the validity of MetroList's copyright as to such data. User expressly acknowledges and agrees that MetroList is a third-party beneficiary of these Terms of Use, and that MetroList will be entitled to enforce these Terms of Use against User.
Information is deemed reliable but is not guaranteed.
408236 - Real Living GreatWest
|
|
