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80-98 Bryn Mawr St
Ventura, CA 93003
Multifamily Property For Sale · 10 Units

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.48 AC
Building Size 12,020 SF
No. Stories 2
Year Built 1965
Parking Ratio 1.25/1,000 SF
Cross Streets Aurora Dr
Zoning R3-4

Amenities

Unit Amenities

  • Balcony
  • Deck

Site Amenities

  • Courtyard
  • Laundry Facilities

About 80-98 BRYN MAWR ST , VENTURA, CA 93003

Brynora Apartments is a small apartment community nestled in central Ventura near Ventura College, Buena High School, Pacific View Mall and other major shopping areas. The property consists of ten large townhomes with an ideal unit mix of nine 2BD/1.5BA units and one 3BD/1.5BA unit. Each two-bedroom features either an outdoor patio or deck while the three-bedroom unit features a large outdoor deck with mountain views. Covered tenant parking, in-ground pool and an on-site laundry room make this a fantastic value-add opportunity for a new owner to reposition the property, increase rents, reduce expenses, and create both immediate and long-term value. Price: $2,600,000 Units: 10 Unit Mix: 9 X 2BD/1.5 BA 1 X 3BD/1.5BA APN: 083-0-192-015 Building Size: Approx. 11,301 SF Lot Size: Approx. 21,118 SF Parking: 10 carport spaces & 5 uncovered Laundry Room: On-site, coin operated Zoning: R-3-4 Year Built: Approx. 1965 Utilities: Separate meters for gas & electric; house meter for water, gas & electric Cap Rate: 4.09% (current), 4.90% (proforma) GRM: 14.01 (current), 12.49 (proforma) CSO: 2.5%

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 1 $1,500 1,110
2+2 1 $1,475 1,110
3+2 1 $1,800 1,310
2+2 1 $1,500 1,110
2+2 1 $1,695 1,110
2+2 1 $1,670 1,110
2+2 1 $1,175 1,110
2+2 1 $1,500 1,110
2+2 1 $1,500 1,110
2+2 1 $1,595 1,110

Property Taxes

Property Taxes

Parcel Number
083-0-192-015
Land Assessment
$725,085
Improvements Assessment
$2,200,917
Total Assessment
$2,926,002
  • Listing ID: 14169749

  • Date on Market: 10/23/2018

  • Last Updated:

  • Address: 80-98 Bryn Mawr St, Ventura, CA 93003

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