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552 N Cambridge St - Chapman University Student Housing 2 Unit Apartment Building Offered at $2,090,000 at a 4.78% Cap Rate Orange, CA 92867
Investment Highlights
- Ideal Student Housing Location Walking Distance to Chapman University (9,961 Students, $62,784 Annual Tuition)
- Fully Occupied with Parental Guarantees
- 4 On-Site Parking Spots & Ample Common Backyard Space for Tenant Enjoyment
- 2022 Construction, Purpose-Built for Student Housing with EnSuite Bathrooms, High-Quality Finishes, Individual Room Access and Individual Climate Co
- Tenants Responsible for All Utilities
- Professionally Managed by Suite Spot Student Housing. Management Company is Willing to Continue Management for Buyer
Executive Summary
- Ideal Student Housing Location Walking Distance to Chapman University (9,961 Students, $62,784 Annual Tuition)
- 2022 Construction, Purpose-Built for Student Housing with EnSuite Bathrooms, High-Quality Finishes, Individual Room Access and Individual Climate Control in Each Room
- Fully Occupied with Parental Guarantees
- Tenants Responsible for All Utilities
- Ample Common Backyard Space for Tenant Enjoyment
- 4 On-Site Parking Spots
- Professionally Managed by Suite Spot Student Housing. Management Company is Willing to Continue Management for Buyer
- 2022 Construction, Purpose-Built for Student Housing with EnSuite Bathrooms, High-Quality Finishes, Individual Room Access and Individual Climate Control in Each Room
- Fully Occupied with Parental Guarantees
- Tenants Responsible for All Utilities
- Ample Common Backyard Space for Tenant Enjoyment
- 4 On-Site Parking Spots
- Professionally Managed by Suite Spot Student Housing. Management Company is Willing to Continue Management for Buyer
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,090,000 | Property Type | Multifamily |
| Price Per Unit | $1,045,000 | Building Size | 2,525 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 4.78% | No. Stories | 1 |
| Gross Rent Multiplier | 15.15 | Year Built | 2022 |
| No. Units | 2 |
| Price | $2,090,000 |
| Price Per Unit | $1,045,000 |
| Sale Type | Investment |
| Cap Rate | 4.78% |
| Gross Rent Multiplier | 15.15 |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 2,525 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2022 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Wi-Fi
- Yard
- Deck
- Den
- Double Pane Windows
- Large Bedrooms
- Quartz Countertops
Site Amenities
- Individual Locking Bedrooms
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 1 | $5,898 | - |
| 4+3 | 1 | $6,245 | - |
1 1
Bike Score®
Very Bikeable (75)
Property Taxes
| Parcel Number | 386-232-19 | Improvements Assessment | $311,443 |
| Land Assessment | $681,823 | Total Assessment | $993,266 |
Property Taxes
Parcel Number
386-232-19
Land Assessment
$681,823
Improvements Assessment
$311,443
Total Assessment
$993,266
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552 N Cambridge St - Chapman University Student Housing
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