5 Property Portfolio - 120 Units new

Oxnard,CA 93033

$ 30900000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRV1-31483

Year Built 1962

Lot Size 3.180 Acres

Source California Regional MLS

Property Description

Extremely rare opportunity to acquire a portfolio of 5 stabilized, well-run Oxnard apartment buildings totaling 120 units. The 5 buildings consist of 16, 24, 24, 24 and 32-units apiece and are all within close proximity to the major thoroughfare of Oxnard Blvd. 83% of the total unit mix count is comprised of 2-bedroom apartments. Each property offers assumable financing through Chase between 3.23 - 3.35% through the end of NOV or DEC 2026. Several capital improvements of note have been completed. Current ownership has expertly operated these stabilized assets, as evidenced by the 0% vacancy factor as of mid-July, while leaving considerable long-term upside in rental rates to a new owner.PRESIDIO APTS: 3831-3841 SAVIERS RD, OXNARD CA | ELM PARK APTS: 1700 GISLER AVE, OXNARD CA | FIR PARK APTS: 1750 GISLER AVE, OXNARD CA | JUNIPER APARTMENTS: 161 W JUNIPER ST, OXNARD CA | RIVIERA APARTMENTS: 123 & 133 S E ST, OXNARD CA

Location

State CA

County Ventura

Area Lcoth - Other

Rooms

Kitchen Oven Range - Gas,Refrigerator

Interior

Heating Multi Type

Cooling None

Laundry Laundry Area

Exterior

Parking Features Carport ,Garage

Garage Spaces 120.0

Pool 31,None

View None

Others

Special Listing Condition Not Applicable

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