SOLD - Value Add Opportunity
235 Arana Dr., Martinez, CA, 94553
 
$1,000,000
Price
8.0
Market Cap Rate
$250,000
Price Per Unit
4
Number of Units
7.47
Cap Rate
75%
Occupancy
$1,000,000
Price
8.0
Market Cap Rate
$250,000
Price Per Unit
4
Number of Units
7.47
Cap Rate
75%
Occupancy
Investment Info
  • Fantastic Value Add Opportunity in Martinez... The property consists of 4 Garden apartments with a bedroom mix of one three-bedroom apartment - two two-bedroom apartments, and a one-bedroom apartment. The property also offers onsite laundry, carport parking and is located close to medical and shopping amenities. The property will be delivered with one vacant apartment and a tenant in the large three bedroom that is willing to create a new lease at market rents.
  • REQUEST ADDITIONAL INFO: Ted Booras, CCIM - tbooras@aptgrp.com
Location Highlights
  • Living in Martinez offers a unique blend of historic charm, community spirit, and everyday convenience. The city’s well-preserved landmarks, tree-lined streets, and rich heritage provide a welcoming sense of place that reflects California’s past. Top-rated schools, including Alhambra High School and John Swett Elementary, give families confidence in the area’s strong academic environment and supportive culture. With safe, well-maintained neighborhoods and a friendly atmosphere, Martinez is an appealing choice for those seeking a family-oriented community. Its central location—with easy access to BART, Amtrak, and major freeways—allows residents to enjoy a peaceful suburban lifestyle while staying connected to nearby cities and employment hubs. Martinez thrives on its vibrant community life, offering frequent local events, festivals, and gatherings that foster a strong sense of belonging.
FOR MORE DETAILS CONTACT
Ted Booras, CCIM
Multifamily Inv. Services
(925) 322-1474
tbooras@aptgrp.com
CA. 01147469
Jim Hitcher
Multifamily Inv. Services
(925) 785-8364
jimh@aptgrp.com
CA. 01069191