411 Bird St., Yuba City is an economic shutdown resilient and well maintained twelve (12) unit community within an extremely strong rental market. The rent roll boasts 95% rent collections from March through July during the pandemic lockdown as most of the tenants are essential employees and a couple of units pay guaranteed income to the ownership via Section 8 vouchers. 411 Bird St. features open floor plan that are comprised of ten (10) 2 Bedroom / 1 Bath units with an average size of 705 SF plus two (2) 1 Bedroom / 1 Bath units with an average size of 600 SF. Many of the units (5-6) have undergone a remodel with updated laminate flooring throughout, interior paint, and new bathrooms. The exterior was recently painted and the roof was given a foam overlay. Each unit is metered for electric plus there's plenty of onsite parking and an onsite laundry facility.
|--||New Value: $1,250,000|
|8/21/2020 6:16:00 PM||New Value: $1,350,000|