$3,700,000
927 S Bruce Street Anaheim, CA 92804
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$3,700,000
Est. payment /mo
1 BD
2 BA
0.58 Acres Lot
Contingent
927 S Bruce Street Anaheim, CA 92804
UPDATED:
11/06/2024 02:54 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID PW24188324
Bedrooms 1
HOA Y/N No
Lot Size 0.576 Acres
Property Description
We are pleased to present the investment opportunity of the Stonecrest Villas, a single story garden style, 14 unit apartment community situated in the picturesque West Anaheim. This property boasts three immaculately maintained buildings with abundant parking and stunning landscaping that creates a spacious and inviting environment. The majority of the apartments feature one bedrooms and include a patio, large mirrored closets, and wall air conditioning and heating units. Each building has its own water heater for added convenience and plenty of hot water. Additionally, approximately 50% of the units have been recently upgraded, adding even more value to the property. The Stonecrest Villas has consistently generated strong cash flow for the seller and presents a unique opportunity for an investor to acquire a well maintained asset with tremendous potential for an estimated 30% increase in rental income. By maximizing this potential, investors can expect to achieve a compelling 7% cap rate based on market rents. Dont miss out on this outstanding investment opportunity!
We are pleased to present the investment opportunity of the Stonecrest Villas, a single story garden style, 14 unit apartment community situated in the picturesque West Anaheim. This property boasts three immaculately maintained buildings with abundant parking and stunning landscaping that creates a spacious and inviting environment. The majority of the apartments feature one bedrooms and include a patio, large mirrored closets, and wall air conditioning and heating units. Each building has its own water heater for added convenience and plenty of hot water. Additionally, approximately 50% of the units have been recently upgraded, adding even more value to the property. The Stonecrest Villas has consistently generated strong cash flow for the seller and presents a unique opportunity for an investor to acquire a well maintained asset with tremendous potential for an estimated 30% increase in rental income. By maximizing this potential, investors can expect to achieve a compelling 7% cap rate based on market rents. Dont miss out on this outstanding investment opportunity!
We are pleased to present the investment opportunity of the Stonecrest Villas, a single story garden style, 14 unit apartment community situated in the picturesque West Anaheim. This property boasts three immaculately maintained buildings with abundant parking and stunning landscaping that creates a spacious and inviting environment. The majority of the apartments feature one bedrooms and include a patio, large mirrored closets, and wall air conditioning and heating units. Each building has its own water heater for added convenience and plenty of hot water. Additionally, approximately 50% of the units have been recently upgraded, adding even more value to the property. The Stonecrest Villas has consistently generated strong cash flow for the seller and presents a unique opportunity for an investor to acquire a well maintained asset with tremendous potential for an estimated 30% increase in rental income. By maximizing this potential, investors can expect to achieve a compelling 7% cap rate based on market rents. Dont miss out on this outstanding investment opportunity!
Location
State CA
County Orange
Area Oc - Anaheim (92804)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 1
Level or Stories 1 Story
Others
Monthly Total Fees $298
Acceptable Financing Conventional
Space Rent $1,579
Listing Terms Conventional
Listed by James Wardlaw • Triqor Group
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