This Multifamily Property is Off-Market.

110 N. D Street
Oxnard, CA 93030 ·

8 Units · Multifamily For Sale

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D Street Apartments

Price N/A Cap Rate 4.77%
No. Units 8 Gross Rent Multiplier 11.77
Building Size 7,000 SF Occupancy 95%
Property Type Multifamily No. Stories 2
Property Sub-type Mid/High-Rise Year Built 1962
Property Use Type Investment Lot Size 7,000 SF
Commission Split 2.5% APN / Parcel ID 202-0-045-130
Listing ID: 15649531 Date Created: 04/04/2008 Last Updated: 08/05/2008

Description

Eight units located in the old downtown area of North Oxnard. The property consists of eight 1bedroom/1 bath units. Property is situated on a large corner lot located close to shopping, parks and schools. Cap rate is 6.00% on market rents with a 10.41 GRM. Upside potential in rents. Property available for less than $116,000 per unit.

Oxnard is the largest city in Ventura County, California in terms of population. It is located at the western edge of the fertile Oxnard Plain, and is one of the world's most important agricultural centers, with its distinction as the strawberry and lima bean capital. Founded in 1903, it is home to nearly 200,000 citizens (192,997)[1] and is the largest city in the Oxnard-Thousand Oaks-Ventura Metropolitan Area.

The city is home to two large U.S. Navy bases (Port Hueneme and Point Mugu). The Port of Hueneme is the busiest commercial port between Los Angeles and San Francisco. Oxnard is also a major transit hub in Southern California, with Amtrak, Union Pacific, Metrolink, Greyhound, Intercalifornias and many others stopping in Oxnard. Oxnard also has a regional airport called Oxnard Airport (OXR).

Highlights

  • Available for less than $122,000 per unit.
  • All (1) Bed/1 Bath Units
  • Upside potential in rents

Research

110 N. D Street, Oxnard, CA 93030 (Ventura County)

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