Unlock the potential of a prime 10-unit apartment complex that offers a remarkable cash flow opportunity! This well-maintained property features four spacious two-bedroom units and six cozy one-bedroom units, boasting a strong occupancy history and attracting easy-to-find rentersa true investor's dream. With guaranteed income potential from the property, it has been fully rented most of the time, ensuring excellent cash flow. The complex is exceptionally well-kept, having recently completed a balcony inspection, making it a maintenance-free investment. Tenants enjoy convenient amenities, including individual carport spots and additional parking spaces. Each unit is equipped with its own gas, water, and electrical meters, allowing for straightforward tenant billing and lowering utility costs. Security and comfort are prioritized, with the complex located behind a secure gate in a safe, community-oriented environment. There are also future expansion opportunities, such as the potential to add a coin-operated washer and dryer laundry room. Conveniently located, it offers an easy commute and is just minutes away from shopping centers.
Concord is located in California. Concord, California has a population of 125,769. Concord is less family-centric than the surrounding county with 34.85% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Concord, California is $100,011. The median household income for the surrounding county is $110,455 compared to the national median of $69,021. The median age of people living in Concord is 38.5 years.
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 38.8 degrees. The average rainfall is approximately 18.2 inches per year, with 0 inches of snow per year.
