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5318 Olive Hwy
Oroville, CA 95966
Asking Price
$3.00M
Asset Type
Apartment Building Office
Class
Class B
What's Special
6.28 Acres of Multifamily Land | Development Site <ul><li>Located one parcel off the intersection of Hwy 162 at Kelly Ridge and Miners Ranch Road is a special opportunity to make your mark on a premium site located at the footprint of Lake Oroville State Recreation Area</li><li>Only 2.8 miles from Bidwell Canyon Marina</li><li>Ideal location to develop housing, mixed-use, or even a village to support the East Oroville | Kelly Ridge Submarket</li><li>The Subject Parcels are designated in the General Plan as MU (Mixed-Use) which supports a mi
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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,842.363
Annual Cash Flow
$-98,108.358