3290 Rolison Road 3290 Rolison Road Redwood City, California 94063 United States
3290 Rolison Road Redwood City, California 94063 United States
$4,500,000
Commercial1 of 20
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- 7,600 Sq Ft.
- Interior
- 10,018.8 Acres
- Exterior
- Commercial
- Property type
- 1962
- Year Built
- ML81890846
- Web Id
- ML81890846
- MLS ID
- 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
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