Property Facts:
Sale Price: $3,650,000
Number of Units: 12
CAP Rate: 5.50%
INVESTMENT HIGHLIGHTS
- Rare Santa Ana Location Directly Next to Civic Center & Downtown
- 5.50% CAP Rate and 4.51% Cash-on-Cash Return on Current Income
- Attractive Unit Mix Consisting of 100% Single-Story Two-Bedroom Units
- 25% Upside in Rents / Recent Renovations and Upgrades of Interiors & Exterior