Solano Homes with 5 or More Units Property Subtype

Welcome to Solano County, a hidden gem nestled in the heart of Northern California! Known for its stunning landscapes, rich history, and vibrant communities, Solano County offers an exceptional quality of life for families, professionals, and retirees alike. With its prime location between the bustling Bay Area and the serene Napa Valley, residents enjoy the best of both worlds—easy access to urban amenities while still being surrounded by natural beauty.

Solano County is home to charming cities such as Vallejo, Fairfield, and Vacaville, each boasting unique attractions and a strong sense of community. Whether you're exploring the scenic shores of Lake Berryessa, indulging in local wineries, or enjoying outdoor adventures in the nearby hills, there's always something to do in this captivating region.

For those interested in investment opportunities, Solano County offers a range of homes with five or more units, ideal for savvy investors looking to expand their real estate portfolio. These multi-family properties provide a lucrative opportunity to tap into the growing rental market, catering to the increasing demand for housing in the area. With a diverse population and a steady influx of new residents, the potential for rental income is promising.

Investing in multi-family properties in Solano County not only offers financial benefits but also contributes to the community's growth and development. With a supportive local government and a commitment to enhancing infrastructure, now is the perfect time to explore the possibilities that await in this dynamic county. Discover your next investment opportunity in Solano County, where charm meets potential!

Newest Solano Homes with 5 or More Units Property Subtype

$3,550,000

9,744 SqFt. ⋅ 326078848 MLS

Driftwood Apartments presents the opportunity to acquire a well-maintained 13-unit multifamily property in the desirable waterfront community of Benicia. The property consists of twelve two-bedroom, one-bath units and one standalone studio cottage, offering an attractive unit mix with a strong history of tenant performance and ongoing property improvements. Ownership has consistently reinvested in the property over the years, with units upgraded as they turn over and numerous improvements made to the buildings and site. Notable improvements include an engineered site drainage system, protective roof coatings on two buildings, and regular parking lot sealing and striping approximately every five to six years. The property also features mature landscaping and well-maintained common areas. Each building is equipped with a washer and dryer (owned) and a 75-gallon hot water heater. Additional property features include separately metered units, covered assigned parking, and a dedicated storage unit for each residence, providing conveniences that are attractive to tenants and help differentiate the property within the local rental market. Driftwood Apartments benefits from a stable existing tenant base, with all tenants currently paying on time and no outstanding collections or tenant balances owed. The combination of consistent ownership maintenance, upgraded units, covered parking, storage, mature landscaping, and a desirable Benicia location provides an investor with a well-positioned multifamily asset offering durable in-place income.

510 East N Street, Benicia

Listing courtesy of North Valley Real Estate Advisors.

$915,000

3,840 SqFt. ⋅ 326031678 MLS

424 San Marco St is a well-positioned multifamily asset comprised entirely of 2-bedroom, 1-bathroom units, a desirable unit mix that supports lower tenant turnover and reduced turnover costs. This offering presents a compelling value-add opportunity with key capital improvements already completed, including vinyl windows and upgraded electrical panels. Ownership has demonstrated the potential for increased income, with rents exceeding $1,800 in at least one unit. The property offers tuck-under parking for all tenants, along with additional street parking for guests. Designed for operational efficiency, the asset benefits from low-maintenance landscaping, wall-mounted HVAC systems, concrete driveway and walkways, and a newly constructed trash enclosureall contributing to reduced ongoing capital expenditure needs.

424 San Marco Street, Fairfield

Listing courtesy of Reimer Real Estate, Inc..

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