Investor Special | Seller-Financing | 5 Units
205 N Shasta St
Willows, CA 95988
Highlights
- Seller financing available
- Tenants pay for all metered utilities
- Majority two-bedroom units with W/D hook-ups
- Vacant units can be leased at market rates
- Lease to qualified tenants
- Ideal project for investors seeking long-term growth
Description
*Since the property is mostly vacant and has deferred maintenance, the figures provided are PROFORMA and does not include the cost to renovate. Each buyer should obtain their own contractor bids and make their own financial analysis backing in the cost of repairs.*
Rare investor rehab special with 4 vacant units which renovated can be leased at market rates. An investor has the option to utilize Seller-Financing freeing up cash for making improvements.
This property includes a duplex and a triplex. Four (4) of the units are comprised of 2 Bedroom / 1 Bath units. The Tenants pay all utilities since the units are separately metered for water, sewer, garbage, electrical, and gas. The duplex units feature washer and dryer hook-ups and (1 ) of the units has a fenced yard. The roof was renovated in 2024, and while the property requires renovations, it a great value-add opportunity.
Two (2) of the units are currently occupied by non-paying tenants. The units have significant deferred maintenance which will require a full renovation.
205 N Shasta St, Willows, CA. Located in the heart of town, this property offers easy access to local amenities, restaurants, and attractions. Near Willows Memorial Park, historic downtown, and nearby shops and restaurants. The property is also close to I-5 and key spots like Walmart, Starbucks, the Municipal Airport, and Thunderhill Raceway Park.
Employment: Willows is heavily involved in the Agricultural and Farming sectors. In addition, there are larger Government sector employers such as Glenn County, City of Willows, and Willows Unified School District. There's also employment opportunities through Glenn Medical Center, Flagged Hotels, quick service restaurants, diners, and local retailers.
Well-maintained homes and renovated apartments surround this property.
