Description of 1625 Kidder Avenue, Fairfield, CA 94533

5.48% Actual Cap Rate at Current Rents. 15-unit apartment complex located in Fairfield, CA. Highlighted by a coveted unit mix of all 2BR/1BA units, this single-story property features large grassy common areas, individual water heaters, and separate meters for PG&E. The units feature W/D hookups and air conditioning in each unit and have access to the shared fenced backyard areas. The units have varied levels of remodel and RUBS has been implemented to recapture a portion of the utility costs associated with the property. This apartment complex is close to Heritage Park Shopping Center, Solano Town Center, Dover Park, schools, restaurants and shopping. The property also provides easy access to both Interstate 80 and Hwy 12. Situated on the I-80 corridor between two of the strongest rental markets in the country, Fairfield is in an excellent position to continue benefiting from the unprecedented rent growth in Northern California.

Property Features of 1625 Kidder Avenue, Fairfield, CA 94533

TYPE
Multi Unit 5+
Year Built
1961
Community
Fairfield 6
Features
Washer/dryer hookup
Off street parking
Stucco exterior
Lot acreage is: 0.87
Level lot
Composition roof
Shingle roof
Public sewer
Total square feet: 9750.00
Courtesy of: Berkshire Hathaway, Steven Level

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Office License: 01499008
Agent License: 01184232
©2019 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Wine Country Weekly Real Estate Reader. Data last updated: 10/19/2019