9258 Birch St - Apartments FOR SALE


Spring Valley, CA 91977- La Presa
$4,290,000 USD
858-461-9910
9258 Birch St, Spring Valley, CA for Sale
$4,290,000 USD
Apartments - FOR SALE
1/16
null | 5.9% Cap Rate

9258 Birch St
Spring Valley, CA 91977
La Presa


HIGHLIGHTS

  • Excellent Unit Mix of All 2br and 3br Units
  • Creative/Seller Financing Available *Inquire w/ Listing Agent*
  • Strong Current Cash Flow of 5.90% Cap Rate and 11.65 GRM on Current Income
  • Select Units Have Patios
  • In Unit Washer/Dryer in All Units
  • Ample Parking - 19 Spaces

OVERVIEW

Fully renovated 12-unit apartment complex in Spring Valley with a great unit mix of (4) 3BR/1BT and (8) 2BR/1BT. Updates include new laminate flooring, kitchens with new cabinets and quartz countertops, updated lighting, and modern bathroom fixtures. All units have in-unit laundry and new windows, with select units featuring private patios. Strong cash flow with a 5.90% cap rate on current rents and 11.65 GRM.

FOR SALE DETAILS

PRICE

$4,290,000 USD

PRICE/SF

$421 USD /SF

# OF UNITS

12

PRICE/UNIT

$357,500

CAP RATE

5.9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

All 2br & 3br Units - 5.90% Current Cap Rate

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

MII, Spring Valley

APN/PARCEL ID

578-201-21

ASK ABOUT THIS PROPERTY

858-461-9910

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858-461-9910

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