Log In/Sign up
Your email has been sent.
The Summit Apartments 360 Sutter Hill Rd 16 Unit Apartment Building £2,420,632 (£151,290/Unit) 6.17% Net Initial Yield Sutter Creek, CA 95685
INVESTMENT HIGHLIGHTS
- Very quiet complex
- Parking/Carport lights are motion activated
EXECUTIVE SUMMARY
Great location in Sutter Creek, walking distance to restaurants, shopping and wind tasting.
Solar carports, owner owned solar system. Solar power to all units. Each unit has it's own hot water heater.
On site Laundry Room with three washers/three dryers along with a change machine and vending machine
Each unit has fire sprinklers, a 10-year inspection was performed and passed. Backflow water pressure inspection is completed every year and passed every year.
Rents are increased every anniversary of tenant move in, a flat 5% plus CPI allowable rate.
There is an office unit with utility room on site
Solar carports, owner owned solar system. Solar power to all units. Each unit has it's own hot water heater.
On site Laundry Room with three washers/three dryers along with a change machine and vending machine
Each unit has fire sprinklers, a 10-year inspection was performed and passed. Backflow water pressure inspection is completed every year and passed every year.
Rents are increased every anniversary of tenant move in, a flat 5% plus CPI allowable rate.
There is an office unit with utility room on site
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS
| Price | £2,420,632 | Apartment Style | Low-Rise |
| Price Per Unit | £151,290 | Costar Property Class | C |
| Sale Type | Investment | Total Plot Size | 0.66 ac |
| Yield | 6.17% | Property Size | 11,200 sq ft |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 10.19 | No. Floors | 2 |
| No. Units | 16 | Year Built/Renovated | 1996/2023 |
| Property Type | Build-to-Rent | Parking Allocation | 2.23/1,000 sq ft |
| Property Subtype | Apartment | ||
| Use Class | NC - Residential Improved | ||
| Price | £2,420,632 |
| Price Per Unit | £151,290 |
| Sale Type | Investment |
| Yield | 6.17% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 10.19 |
| No. Units | 16 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.66 ac |
| Property Size | 11,200 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built/Renovated | 1996/2023 |
| Parking Allocation | 2.23/1,000 sq ft |
| Use Class | NC - Residential Improved |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
- Tub/Shower
- Carpet
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 1 | £870.68 | 627 |
| 2+1 | 14 | £1,210 | 747 |
| 3+1 | 1 | £1,216 | 867 |
1 1
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
The Summit Apartments | 360 Sutter Hill Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.