110 N. D Street
Oxnard, CA 93030 ·
8 Units · Multifamily For Sale
D Street Apartments
|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|
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) 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).
- Available for less than $122,000 per unit.
- All (1) Bed/1 Bath Units
- Upside potential in rents
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