7062-7112 Fenway Dr
Westminster, CA 92683
Fenway Apartments · Multifamily Property For Sale · 61 Units

Marcus & Millichap is the exclusive listing agent for Fenway Apartments, a well-located, well-maintained 61-unit apartment community located on a quiet cul-de-sac at 7062, 7082 and 7112 Fenway Drive in Westminster, California. This offering provides an investor the opportunity to acquire rental units in an Orange County sub-market that has provided only five fee-simple investment opportunities for multifamily properties of more than 50 units during the past decade. Fenway Apartments is a well-maintained, 61-unit apartment community built in 1963 and 1964 that sits on three separate, contiguous parcels. Its unit mix includes 82 percent two-bedroom units, the majority of which are townhouse units. Of those townhouse units, two have approximately 141-square-foot dens, which tenants commonly use as additional bedrooms. Clearly, with townhouse units present in approximately only 11 percent of the apartment communities in Westminster, Fenway Apartments has a distinct competitive marketing advantage in its sub-market. Adding to this competitive advantage is the abundance of garage parking, an important and sought-after tenant amenity.