5 Property Portfolio - 120 Units, Oxnard, CA 93033
- $30,900,000
- List Price
- $30,900,000
- Status
- ACTIVE
- MLS#
- V1-31483
- Year Built
- 1962
- Lot Size
- 138,518
- Acres
- 3.18
- Lot Location
- Sprinklers None
- Days on Market
- 59
- Property Type
- Multifamily
- Neighborhood
- Not Applicable
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
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Additional Information
- Appliances
- Gas Range, Refrigerator
- Pool Description
- None
- Heat
- Combination
- Cooling Description
- None
- View
- None
- Garage Spaces Total
- 24
- Attached Structure
- Detached
- Number Of Units Total
- 120
- Gross Scheduled Income
- $2,581,580
- Operating Expense
- 925823
Listing courtesy of Listing Agent: Nick Henry (nick@beachsidepartners.com) from Listing Office: Beachside Partners.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.