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SOVEREIGN CITRUS HEIGHTS, CA 95621
- Single Family Home / Owner Financing
Property Details for SOVEREIGN St, CITRUS HEIGHTS, CA 95621
Features
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Facts
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Description
This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.
Huge Income Opportunity!! 20%+ CAP Rate with only 6 clients! ***Seller Financing may be considered with strong offer and well qualified buyer!!*** This 4660+/- sf, 10 bedroom, 4.5 bath property which sits on a nearly 1/2 acre double lot in a quiet cul-de-sac has been a successful residential care facility (RCFE) for more than 30 years. As per Citrus Heights Planning Dept, up to 20 RCFE or Transitional Housing clients may be permissible with a Use Permit. Or, bring the entire family and have room to spare. Property is setup with client and owner/caretaker living areas separated by a laundry/utility room and has separate central heating and cooling systems and separate PV solar systems. Can easily be re-configured to expand client capacity.
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