Description
This 32 Unit apartment complex could be sold together or as two 16 unit complexes. Located close to Disneyland. All units have been remodeled with tile floors, granite counters in kitchens, new cabinets, dual paned windows, dual paned windows, and paint. 48 parking spots are provided with additional street parking. Each unit is 1 bedroom and 1 bathroom with an average of 628 square feet per unit. All tenants are current on rent and all leases are month to month. Rent average per unit is $1570/month. Highest unit amount is $2000/month. Pro Forma: $1900/unit would generate a 5.3% cap. Seller is motivated. Offering Memorandum available in supplements.
Location
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Listing Agent: Rebecka Forrester
Listing Office: T.N.G. Real Estate Consultants
Attribution contact: 714-412-5157
