Dewey Bldg 4778-4790 Dewey Dr Bureau 549 m² 100 % Loué À vendre Fair Oaks, CA 95628 720 722 € (1 312,65 €/m²) Taux de capitalisation 11,61 %

Summary: Income per month from rent =$9,350.
Expenses per month = $1,250 for: SMUD and PG&E and Comcast and Atlas garbage & Carmichael Water & Sac County utilities, & $900 for real estate taxes and insurance; total expenses = $2,150
Net income = $7,200
Dewey Building is over 5,910 sq ft and is fully occupied with nice and good-paying tenants. Dewey Building last appraised for $830k in May 2019 which was prior to major improvements including new wood and tile flooring $25,000, new energy saving snowroof roofing $40,000, new tankless water heater ($5,000), new masonry front of building ($15,000), 5 new mini-split ACs installed ($15,000), 2 new central HVACs installed ($20,000) etc. Gross tenant/lessor is owner at $9,350 rent paid per month. See below for current monthly subtenants/subleases rents roll for 4778 & 4790 Dewey building(building has two sides)...
Dewey Building 4790 Dewey: (all month-to-month subleases)
Suite A: $600/month
Suite B: $500/mo
Suite C: $600/mo
Suite D: $500/mo
Suite E: Conference Room
Suite F: $500/mo
Suite G: $500/mo
Suite H: $300/month
Suite I: $600/mo
Suite J: $700/mo
Suite K: $400/month
Suite L: $500/month

4778 Dewey: (all month to month subleases):
Suite 1: $600/mo
Ste 2-3: $800/mo
Suite 4: $450/mo
Suite 5: $800/mo
Suite 7: $500/mo
Totals: $5,700 (for 4790) & $3,650 (for 4778) income per month from rents, Total = $9350
INVESTMENT HIGHLIGHTS
Positive cashflow property with many upgrades (cap rate 11.6% + plenty of vehicle and foot traffic near property withs everal schools across the street in well-established upper middle class neighborhood.
PROPERTY FACTS
Property Type: Light Commercial (LC) Zoned
Permitted Primary Uses of LC Zoned properties include (as per Sacramento County Zoning Code):
Dwelling, Multiple Family 10 or fewer units
Dwelling, Multiple Family 10 or more units
Dwelling, Single Family 10 or fewer lots
Dwelling, Single Family 10 or more lots
Residential Care Home, 6 or fewer in care
Residential Care Home, 7 to 20 in care
Places of Worship or other Religious Uses
Private Social Center, Social Club
School
Art Gallery or Studio
Government Buildings and Uses
Ambulance Service
Adult Day Care Center
Child Day Care Center
Congregate Care Facility
Major or Minor Utility
Wireless Communication Facility
Animal and Pet Services, grooming, boarding, veterinarian,hospital
General Business Services
General Personal Services
Beauty or Barber Shops
Laundromat
General Repair Services
Catering Services
Restaurants
Sale of Alcoholic Beverages
General Recreation Facility
Event Centers
General Financial Institutions
Office Uses
Medical, Dental or Optical Uses
General Retail Sales
Convenience Store, Food Markets
Liquor Stores
Nursery
Auto Brokers
Auto Repair, Garage
Building Size
5,910 SF
Tenancy: Gross Lessor/Tenant is owner-user
Multiple SubTenants, 100% rented out, 100% occupied
Building Height
1 Story
Typical Floor Size
5,910 SF
Building FAR
0.23
Land Acres
0.56 AC
Parking
35 Spaces, plus street parking
AMENITIES
24 Hour Access
Controlled Access
Conferencing Facility
Signage
2 Kitchens
Restrooms
On-demand water heater
Central Heating & Air Conditioning
Also Several Suites w/ Individualized Heating & Air Conditioning (mini-splits)
Partitioned Suites
Reception Areas
Flooring: Laminate, Tile, Carpet
Indoor and Outdoor Storage Spaces
Address: 4778-4790 Dewey Dr, Fair Oaks, CA, near corner of Winding and Dewey
SPACE IS LIGHT COMMERCIAL ZONED / PERMITTED FOR MANY DIFFERENT USES SUCH AS RESTAURANT, RETAIL,BUSINESS SERVICES, OFFICES, PERSONAL SERVICES,INTERNET CAFE, LIQUOR OR COFFEE SHOP, CHILD CARE CENTER, CONVENIENCE STORE, SENIOR CAREHOME, ETC.
FOR SALE for $830k, potential for owner financing.