8-Unit Apartment Investment Opportunity | Prime Anaheim Location Offered by Convoy Real Estate Convoy Real Estate is proud to present 1629 W. Ball Rd, Anaheim, CA, a beautiful 8-unit apartment community in the heart of Anaheim. This investment offers a rare opportunity to acquire a well-located multifamily asset with strong upside potential, including 20-25% rental growth opportunities. The low-maintenance property ensures easy management, while the high-demand rental market provides stability for investors. Property Highlights: Offered at: $2,500,000 8 Units | ±6,564 SF Building Area | ±9,583 SF Lot Unit Mix: 2 x 2-Bed/1-Bath | 6 x 1-Bed/1-Bath Separately Metered for Electricity & Gas On-Site Laundry Room – Additional Income Potential 8-Car Garage with Alley Access Strong Investment Potential Current CAP Rate: 5.0% | Pro Forma CAP Rate: 6.5% Current GRM: 14.88 | Pro Forma GRM: 12.40 Below-Market Rents: Pro forma rents indicate a potential 20-25% increase Net Operating Income (NOI): $125,100 with room for improvement Prime Anaheim Location Positioned near Downtown Anaheim, the property offers exceptional tenant appeal with proximity to major employment centers, shopping, and entertainment, including: Disneyland Resort – 2.5 miles Anaheim Plaza & Marketplace – Nearby retail and grocery options Restaurants & Entertainment – Walking distance to dining and nightlife Freeway Access – Quick connections to I-5, 91, and 57 Freeways Rental Upside – 20-25% Growth Potential Current rents are significantly below market, presenting an immediate value-add opportunity for investors.