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Listed by Nick Henry • Beachside Partners
$ 30,900,000
Est. payment | /mo
3.18 Acres Lot
$ 30,900,000
Est. payment | /mo
3.18 Acres Lot
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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Yuri Lavrentiev
REALTOR® | Lic# CA DRE #02103193