937 S Roberts St - Apartments FOR SALE


Anaheim, CA 92802- South Anaheim
$2,315,000 USD
714-713-9086
937 S Roberts St, Anaheim, CA for Sale
$2,315,000 USD
Apartments - FOR SALE
1/8
null | 5.44% Cap Rate

937 S Roberts St
Anaheim, CA 92802
South Anaheim


HIGHLIGHTS

  • Offers Exclusively One-Bedroom Floor Plans, Averaging 626 Square Feet
  • Seven Units Feature High-Quality Renovations
  • Gated Pedestrian Access Leading to a Lush, Spacious Courtyard
  • Ample Garage Parking, an Attractive Amenity for Renters | On-Site Laundry Facility, Providing Ownership with an Additional Income Stream
  • Near Orange County’s Most Popular Destinations & Top Employers | 1 Mile from Disneyland, Anaheim’s Principal Employer & Tourist Destination
  • Located Adjacent to Everyday Needs at Ball & Euclid Plaza

OVERVIEW

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 937 South Roberts Street, an 8-unit multifamily investment property located in Anaheim, California. Built in 1960, 937 South Roberts Street offers exclusively one-bedroom floor plans, seven of which feature recent upgrades including fresh paint, vinyl flooring, quartz countertops, stainless steel appliances, and more. The gated property features a spacious courtyard, an on-site laundry facility, and ample garage parking. Offered at a 5.44% CAP rate on current rents, 937 South Roberts Street offers a new owner the opportunity to purchase a stabilized, cash-flowing asset, with additional upside. 937 South Roberts Street benefits from its optimal Anaheim location, situated one mile from Disneyland and Downtown Disney. The property is located within one mile of part of the recently approved DisneylandForward project, a $1.9 billion plan to expand Disneyland’s footprint by adding new hotels, retail, and attractions to its existing 100-acre plus site. Additionally, the property is located just over one mile from the Anaheim GardenWalk, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Furthermore, 937 South Roberts Street provides residents with convenient access to Interstate 5, connecting residents to employment hubs throughout Orange and Los Angeles Counties. In summary, 937 South Roberts Street represents a unique opportunity to acquire a multifamily property in the direct vicinity of Disneyland and other major Anaheim area destinations. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$2,315,000 USD

PRICE/SF

$463 USD /SF

# OF UNITS

8

PRICE/UNIT

$289,375

CAP RATE

5.44%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,309 SF

ZONING

RM-1200

APN/PARCEL ID

250-151-08

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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