Description
Introducing an exceptional investment opportunity in Downtown Woodland! Located at 814 Court Street, this modern 10-bedroom Sober Living Environment (SLE) converted from a previous professional office space offers a lucrative lease agreement with a stable tenant, generating $199,560 in annual gross rent with 3.5% yearly increases. Situated in an Opportunity Zone, this property features 21 parking spots on a 0.48-acre lot in the heart of Woodland's downtown core. The established tenant, Friends of the Mission dba Fourth and Hope, operates a Sober Living Environment program, making a positive impact in the community. Benefit from a hassle-free investment with minimal maintenance and landlord expenses, knowing the lease is secured until October 2027 and may extend beyond. Don't miss this chance to own a prime piece of real estate in a thriving location, only 20 miles from the State Capitol, Sacramento and in the town of Woodland, the County seat of Yolo County.
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0BEDS
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0.48ACRES
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0BATHS
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01/2 BATHS
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5,849SQFT
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$355$/SQFT
School Ratings & Info
Description
Introducing an exceptional investment opportunity in Downtown Woodland! Located at 814 Court Street, this modern 10-bedroom Sober Living Environment (SLE) converted from a previous professional office space offers a lucrative lease agreement with a stable tenant, generating $199,560 in annual gross rent with 3.5% yearly increases. Situated in an Opportunity Zone, this property features 21 parking spots on a 0.48-acre lot in the heart of Woodland's downtown core. The established tenant, Friends of the Mission dba Fourth and Hope, operates a Sober Living Environment program, making a positive impact in the community. Benefit from a hassle-free investment with minimal maintenance and landlord expenses, knowing the lease is secured until October 2027 and may extend beyond. Don't miss this chance to own a prime piece of real estate in a thriving location, only 20 miles from the State Capitol, Sacramento and in the town of Woodland, the County seat of Yolo County.
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