5 Property Portfolio - 120 Units new Save Request In-Person Tour Request Virtual Tour
Oxnard,CA 93033
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 89,100 sqft
Price per Sqft $346
MLS Listing ID CRV1-31483
Year Built 1962
Lot Size 3.180 Acres
Property Sub-Type Other
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
Interior
Heating Other
Cooling None
Laundry Other
Exterior
View None
Building
Lot Description Other