3290 Rolison Road
3290 Rolison Road Redwood City, California 94063 United States

$4,500,000
 Get directions
 
Listing Courtesy of Colliers Parrish International
$4,500,000
Change Currency
7,600 Sq Ft.
Interior
10,018.8 Acres
Exterior
Commercial
Property type
1962
Year Built
ML81890846
Web Id
ML81890846
MLS ID
Sequoia Union High
School District
17
days ago

About 3290 Rolison Road

BUY A PROVEN PERFORMER: TIRELESS CASH-COW - Low Vacancy, High Rental Demand, Consistent Rental Income 8 Townhouse-Style Apartment Home Units (All 3 BR / 1 BA on 2-Levels) Each Unit Offers Private Front Yard & Enclosed Garage Parking. Current Cap Rate: 4.66% / Pro-Forma Cap Rate: 5.2% Current GRM: 14.1 / Pro-Forma GRM: 13.1 Cost/SF: $592/SF Consistent Rental History with Low Tenant Turnover Excellent Unit Mix All 8 Units Offer Three (3) BR / One (1) BA Units Townhouse Style on 2-Levels Attractive Assumable Loan From Provident CU 3 of 8 Units Receive Partial Housing Assistance, Providing Steady Rent Collection Supply-Constrained Core Mid-Peninsula Submarket Ideal Housing (3 BR + Private Yard + Enclosed Garages) for Working Families Easy Access to Highway 101, Marsh Rd, Woodside Rd, El Camino Real Proven Performer With Solid Cashflow & Value Appreciation Building SF: 7,600 SF / Lot Size: 10,000 SF / Cost Per SF: $592/SF

Listing Courtesy of Don Sung , Colliers Parrish International

Amenities

  • Refrigerator

PROPERTY INFORMATION

Appliances
Refrigerator
Heating
Wall Furnace
Parking Description
Enclosed
Water
Public

EXTERIOR

Roofing
Composition Shingles

INTERIOR

Flooring
Laminate
Listing Courtesy of Colliers Parrish International
Listing Courtesy of Colliers Parrish International
Contact Agent