2560 Camara Cir, Concord, CA 94520

The subject property presents new or seasoned investors with an opportunity to invest in an affordable property with tremendous rental upside, in a growing, vibrant city of Concord. Each unit is 2bd/1bth and is 100% occupied. Further, the property has a history to little or no vacancies and currently is fully occupied. The property is separate for PG&E and there is onsite laundry which adds additional income each month. Many units are below market in rent, meaning an investor can come in and raise many rents to achieve even greater cash flow. CAP Rate is based on Market Rents being achieved. 2560 Camara Circle has a Walk Score of 69 out of 100. This location is Somewhat Walkable so some errands can be accomplished on foot.This location is in Concord. Nearby parks include Meadow Homes Park, Meadow Homes Park and Ellis Lake Park. Nearby schools include Meadow Homes Elementary School, Spectrum Center-valley Campus and Ygnacio Valley Elementary School.The closest grocery stores are Montanas, Central Market & Liquor and Concord Produce Market. Analysts predict 94520 values will increase 10.2% next year, compared to a 9.4% rise for Concord as a whole. Among 94520 properties, this property is valued 62.8% more than the midpoint (median) property. The average price per square foot for properties for sale in this area is $277. Foreclosures will be a factor impacting property values in the next several years. In the 94520 market, the number of foreclosures waiting to be sold decreased 62.2% in the last year. Contact Steven Pinza, Esq. for a complete marketing package.