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915 N Rinaldi St

15 Unit Block of Flats £1,697,917 (£113,194/Unit) Visalia, CA 93291

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Executive Summary

15 units 2beds 1bath each in the heart of the city .In the last year major renovation was conducted still some more to go . Property stays rented and the potential for higher income exists. Much to say call the listing agent Ted Jeske for details. The owner has 2 other properties just listed that will make this a great package please call for details. Owner also has other multifamily properties for sale and is open to selling as a portfolio. Addresses for other properties are:
1)42204 Road 120 Orosi, CA 93647
2)915-943 N Rinaldi Street Visalia, CA 93291
3)21811 Highway 198 Exeter, CA 93221

Financial Summary (Actual - 2023)	Annual	Annual Per SF
Gross Rental Income	£145,658	£11.67
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	£145,658	£11.67
Net Operating Income	-	-

Financial Summary (Actual - 2023)

Gross Rental Income
Annual	£145,658
Annual Per SF	£11.67

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	£145,658
Annual Per SF	£11.67

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Price	£1,697,917	Lot Size	1.22 AC
Price Per Unit	£113,194	Building Size	12,480 SF
Sale Type	Investment	Average Occupancy	100%
No. Units	15	Number of Floors	1
Property Type	Residential	Year Built	1978
Property Subtype	Apartment	Parking Ratio	1.2/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	£1,697,917
Price Per Unit	£113,194
Sale Type	Investment
No. Units	15
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	1.22 AC
Building Size	12,480 SF
Average Occupancy	100%
Number of Floors	1
Year Built	1978
Parking Ratio	1.2/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
2+1	15	-	-

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple 093-061-042-000 093-061-046-000 093-061-048-000 128-092-001-000	Improvements Assessment	£1,208,259 (2024)
Land Assessment	£346,105 (2024)	Total Assessment	£1,554,364 (2024)