8 Unit Multi-Family For Sale

High Lights

• Located off Hwy 80 midway between the high-growth rental markets of Sacramento and Reno
• Great intrinsic value at $166 per square foot and $124,375 per unit
• Eight one-bedroom/one bath 750 Sf units
• Five units are fully furnished for short stay accommodation with the potential to improved net income by
converting the other three units

The Offering

• Price: $995,000
• Building Size: 5,416 SF
• No. Units: 8
• Average Occupancy: 100%
• Property Type: Multifamily
• No. Stories: 2
• Property Sub-type: Apartments
• Year Built: 1962
• Apartment Style: Garden
• APN / Parcel ID: -
• Lot Size: 0.300 AC / 13,068 sqft

About 360 Pleasant Street, Grass Valley, CA 95945

Holly Tree Apartments ( - consists of eight, one bedroom/ one bath apartments, each approximately 750 sq ft. There is a laundry room, 7 covered and 1 uncovered parking, and attractive, mature landscaping. These private air-conditioned, spacious apartments are extremely well maintained, with beautiful landscaped gardens. The whole building has recently been professionally painted with high quality paint. Each apartment is complete with upgraded flooring, spacious kitchens with energy efficient appliances, delightful bathrooms and spacious living room all cable ready. The Holly Tree Apartments are a commuter’s dream, located at 306 Pleasant Street, Grass Valley, CA, the complex is less than a mile away from historic downtown Grass Valley, within walking distance to Condon Park and Mount St. Mary’s school, close to freeways and an easy commute via. Hwy 80 to the numerous nearby employment centers. From hiking trails to ski slopes, there is an abundance of outdoor activities for tenants to benefit from.