138 Kathy Ellen Drive Listing Details & Market Data

Nestled in the hills of Vallejo, 138-158 Kathy Ellen drive is centrally located near highway 80 as well as downtown Vallejo allowing easy access to hosts of retail, restaurants, and shops. Additionally, the property is a short distance from a variety of attractions including Mare Island, Vallejo Aquarium, Six Flags, and plenty of hiking/ biking trails. A short drive North will take you to the countless wineries in Sonoma and Napa. This central location with continue to demand increased rents and full occupancy for years to come as new supply of housing units is limited and high rental costs in neighboring cities is pushing residents to find more affordable options.Team Chappell in cooperation with Berger and Associates is please to present for sale Villa del Sol Apartments. Built in 1977, the property consists of 11 units spread over four, 2-story buildings with a desirable unit mix of (9) two bedroom, 1 bath units and (2) one bedroom, 1 bath units. Several units have been tastefully upgraded with new carpets, window coverings, appliances, and paint. The units are separately metered for gas and electricity, with the tenants responsible for their own unit utilities. The property features an onsite laundry room with 11 garaged parking spaces and an additional 11 open air parking spaces. This is a rare opportunity to own a well maintained multifamily property in a heavily supply constrained market.