540-600 W Channel Islands Blvd | Oxnard, CA 93033
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- LoopNet Team
540-600 W Channel Islands Blvd
Oxnard, CA 93033
Gemini III Apartments · Multifamily Property For Sale
·
54 Units
INVESTMENT HIGHLIGHTS
- Attractive assumable financing at 2.98% interest only
- Strong in place cash on cash return of 5.48%
- Approximately 27% upside potential on the current rents
PROPERTY FACTS
| No. Units | 54 | Building Size | 39,438 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.12/1,000 SF |
| Lot Size | 1.09 AC | ||
| Zoning | RPD, Oxnard | ||
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.09 AC |
| Building Size | 39,438 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | RPD, Oxnard |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Security System
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | 500 |
| 1+1 | 36 | - | 700 |
| 2+2 | 12 | - | 950 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $9,229,455 | |
| Land Assessment | $4,406,400 | Total Assessment | $13,635,855 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$4,406,400
Improvements Assessment
$9,229,455
Total Assessment
$13,635,855
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