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6563 Oasis Ave 9 Unit Apartment Building $1,000,000 ($111,111/Unit) 6.80% Cap Rate Twentynine Palms, CA 92277
EXECUTIVE SUMMARY
9 Fully renovated units listed for sale in close proximity to the Twentynine Palms Marine base.
PROPERTY FACTS
| Price | $1,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $111,111 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.51 AC |
| Cap Rate | 6.80% | Building Size | 3,240 SF |
| Gross Rent Multiplier | 8.75 | Average Occupancy | 100% |
| No. Units | 9 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1936/2023 |
| Property Subtype | Apartment |
| Price | $1,000,000 |
| Price Per Unit | $111,111 |
| Sale Type | Investment |
| Cap Rate | 6.80% |
| Gross Rent Multiplier | 8.75 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 3,240 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1936/2023 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $1,031 | 250 |
| 1+1 | 4 | $1,000 | 450 |
| 2+1 | 1 | $1,300 | 500 |
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PROPERTY TAXES
| Parcel Number | 0617-103-05 | Improvements Assessment | $452,574 |
| Land Assessment | $78,030 | Total Assessment | $530,604 |
PROPERTY TAXES
Parcel Number
0617-103-05
Land Assessment
$78,030
Improvements Assessment
$452,574
Total Assessment
$530,604
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6563 Oasis Ave
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