executive summary
– 7-units in Anaheim offered at $2,200,000
– Unit mix comprises of (6) 2-bedroom,1-bath units and (1) 1-bedroom, 1-bath unit
– 8 garage parking spaces which include (2) double car garages and (4) single car garage spaces
– Units individually metered for electric
– All tenants are on month-to-month leases
– New buyer has the opportunity to increase the income stream by approximately 37.83%
– New buyer has the opportunity to stabilize the deal at a 6.33% cap rate
property facts
| Price | $2,200,000 | Apartment Style | Low Rise |
| Price Per Unit | $314,286 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 3.52% | Building Size | 5,855 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 1.02/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | – | 720 |
| 2+1 | 6 | – | 850 |
