$5,000,000
$4,995,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
0.83 Acres Lot
SOLD DATE : 05/22/2018
Key Details
Sold Price $5,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40810012
Sold Date 05/22/18
HOA Y/N No
Year Built 1971
Annual Tax Amount $54,925
Lot Size 0.830 Acres
Acres 0.83
Property Description
We are pleased to present the Chestnut Gardens Apartments, offered for sale for the first time ever by the original builder and only owner. The Chestnut Gardens represents a very rare opportunity to invest in a well maintained quality asset with strong historical performance and investment upside. The property features eighteen large 2 bedroom 1 bath units, one 2 bedroom 1.5 bath and one 3 bedroom 1.5 bath split level townhouse style units. All of the units include enclosed yard or balcony, gas stove, dishwasher, garbage disposal, individual metering for PG&E, remote accessed gated covered parking stall and access to the pool and on-site laundry facilities. The property benefited from significant capital improvement projects including the resurfacing of the driveways and parking lots, installation of new kitchen cabinetry, granite counter tops, dual pane windows, and the addition of a digital gate entry system.
Location
State CA
County Contra Costa
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
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Bought with Joe Dickerson • Keller Williams Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "