Benicia Heights represents a very rare opportunity to invest in the Benicia multifamily market. The property consists of three separate structures comprised of five units each for a total of twelve 2-bedroom, 1.5 bathroom apartments and three 1-bedroom, 1-bathroom units. The current ownership has consistently made upgrades to the units as they have turned over including the installation of new kitchen and bathroom cabinetry, appliance packages, paint, and flooring to 14 of the 15 units. Each 2-bedroom apartment features sweeping bay views, a balcony, a dishwasher, and a gas wall heater. All units include one covered parking space and enjoy access to the on-site coin-operated laundry facility. Limited landscaping; individual metering of gas and electric for all the 2-bedroom units; and no required on-site management keep operating expenses minimal.
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