1013 Echo Road, Redding, CA 96002 | Listings

1013 Echo Road, Redding, CA 96002

  • $2,500,000 (sold: 5/10/2019)
  • 2 Beds
  • 1 Full Bath
  • 37,605 sq ft
  • Multi-Unit
  • Status: Sold

Property Description

Echo Palms Apartment features resort style living. The grounds boast lawns for lounging and/or recreational activities, beautiful private pool for Tenants. Condo style architecture. The Complex is located in a highly desirable neighborhood of Enterprise Acres. Well maintained 32 units complex generating approx. $285,000 Gross Rents Annually. CAP Rate 6.278%.
Configuration: 6 Buildings with 32 units, broken down as follows:
12 units 2 bdrm 1 bath with garage
8 units 2 bdrm 1 bath with carport
4 units 2 bdrm 2 bath with carport
8 units 2 bdrm 1 bath with carport
20 carports-12 garages
All on a 39,139 square foot lot.
Located within minutes to I5, shopping and the Mt. Shasta Mall.
Nearby schools: Shasta Union High, Enterprise Elementary School District, Lassen View Elementary School, Parsons Junior High School

Listing Details

Price$2,500,000 (sold: 5/10/2019)
Bedrooms2 Beds
Bathrooms1 Full Bath
Property TypeMulti-Unit
Listing TypeFor Sale

Interior Features

Square Feet37,605

Exterior Features

Lot Size39139

Courtesy of Jack Hirsch, Realty World - Hirsch & Associates

This content last updated on 1/26/2020 7:19 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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