110 Hilborn Street Unit 110 Vallejo, CA 94590

Presenting 9 units located in a desirable area of Vallejo known as Vallejo Heights. The property is located at 110 Hilborn Street, Vallejo. The subject property was reportedly built in 1955 and consists of four (4) 1x1 units, four (4) 2x1 units and one (1) 2x1 SFR with a garage and yard spa...ce. Each unit comes with a tuck-under parking space and storage area. There is also an on-site laundry facility for tenants' convenience. Unit interiors include upgraded kitchens, flooring, bathrooms, and paint. Additionally, the exterior of the main building (8) units has been painted within the last 6 months. The front single-family home has also undergone extensive upgrades in the last 12 months including all new kitchen, flooring, bathroom, new fence and landscaping. The Vallejo Heights Apartments enjoys an elevated setting with West facing views of the Napa River and Vallejo waterfront. The strong in-place rent roll represents a 9.56 current GRM and a 7.06% cap rate. Please reach out to Marc Guillon for the offering memo. Continue reading