2980 Stingy, Anderson, CA 96007
High-Cash-Flow 9-Unit Apartment Complex in Anderson, CA - 8.05%+ CAP Rate! ...
$1,150,000
High-Cash-Flow 9-Unit Apartment Complex in Anderson, CA - 8.05%+ CAP Rate! This well-maintained 9-unit multifamily property in Anderson, CA, is a prime investment opportunity with an annual gross income of over $113,000 and a CAP rate exceeding 8%. The complex consists of eight 2-bedroom, 1-bath units, each featuring indoor laundry and private backyards, plus a spacious 3-bedroom, 1-bath unit. With plenty of room for upside potential on rents, this property offers an excellent opportunity for investors seeking strong cash flow and long-term appreciation. Conveniently located near local amenities and freeway access, this is a low-maintenance, high-performing asset that won't last long.
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Year Built:1964
MLS ID:25-634
Listing Type:Residential Income
Property Type:Residential Income
Area
  • Area: 05 - Anderson