302-302 1/2 N Bush St - Apartments FOR SALE


Anaheim, CA 92805
$1,995,000 USD
949-629-7640
302-302 1/2 N Bush St, Anaheim, CA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/8
null | 4.9% Cap Rate

302-302 1/2 N Bush St
Anaheim, CA 92805


HIGHLIGHTS

  • New Electrical Panels
  • Projected 27% in Rental Upside; 6.8% Cap Rate on Market Rents
  • Carports
  • Prime Anaheim Loction Near the Anaheim Packing District
  • First Time on the Market in Over 55 Years

OVERVIEW

Morgan Skenderian, Inc., as the exclusive listing agent, presents 302 & 302 1/2 N. Bush Street, an 8-unit investment opportunity located in Anaheim, California. This property consists exclusively of one bedroom/one bathroom units. Residents enjoy amenities such as security screen doors, carports and onsite parking. This property has been professionally managed and well maintained throughout the years, and, just recently, current ownership installed all new electrical panels throughout the property. All the units are individually metered for electricity and gas, and the tenants pay their own trash. Highlighting this asset's potential, there is approximately 27% upside in rental income making this an attractive acquisition for investors seeking to capitalize on an asset with phenomenal growth potential and exceptional future cash-on-cash returns

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$492 USD /SF

# OF UNITS

8

PRICE/UNIT

$249,375

CAP RATE

4.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

-

APN/PARCEL ID

035-223-01

ASK ABOUT THIS PROPERTY

Paul EspinosaMorgan-Skenderian Investment Real Estate GroupMore Info
949-629-7640

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Paul EspinosaMorgan-Skenderian Investment Real Estate GroupMore Info
949-629-7640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.