For Sale | 16 Units in Porterville CA

282-288 West Date Avenue | Porterville, CA
Other
$1,585,000

Northgate Commercial/NAI Pence is proud to present 282-288 West Date Avenue, Porterville, CA.
The property is (4) buildings with (2) one-bedroom/one-bathroom units and (2) two-bedroom/two-bathroom units each that are between 500-600 square feet each that total 9,612 of rent-able square feet built on a 26,004 square foot lot. Each unit has washer/dryer hook-ups in each unit. The subject property is in a residential neighborhood and near many local schools: Olive Street Elementary School (0.6 miles), Bartlett Middle School (1.3 miles), Porterville High School (0.9 mile). Local shopping centers nearby on include Grocery Outlet/ Dollar Tree Center (0.8 miles). Main Street and Downtown Porterville is walking distance featuring many Retail, Restaurants and Government buildings: Chamber Of Commerce (0.9 miles), Union Bank (1.1 miles), Taco Truck Cantina (0.9 miles), etc. the Porterville Airport is (3.9 miles) to and (1.8 miles) to Porterville Golf Course. Porterville, which is in Tulare County, California, has a rich agricultural heritage built on a hundred years of tradition. Porterville is known for growing the some of the best produce in the World. Priced at 4.50% Cap Rate on Current Operations 8.85% Cap Rate on Proforma.

  • (8) One-Bedroom/One-Bathroom Units and (8) Two-Bedroom/ One-Bathroom units.
  • Located In A Residential Neighborhood.Near Downtown Porterville.
  • Priced at 4.50% Cap Rate on Current Operations/ 8.85% Cap Rate on Proforma.

 

 

Sale Price:
$1,585,000
Price Per Sq Ft:
$172.28
Parcel Size:
0.60 Acres
Building Size:
9200 SF
Cap Rate:
4.50%
Pro Form Cap Rate:
8.85%

Additional Images

Interested in working with us or have questions?