Property Facts:
Sale Price: $9,600,000
Number of Units: 30
CAP Rate: 6.02%
INVESTMENT HIGHLIGHTS
- Excellent Location Across From Historic French Park Community & Vibrant Downtown Santa Ana
- 6.02% CAP Rate and 6.51% Cash-on-Cash Return on Current Income
- Very Attractive Unit Mix Consisting of One-, Two-, & Three-Bedroom Units
- Value Add Opportunity: Substantial Rental Upside / Opportunity to Add ADU’s to Property to Further Maximize Cash Flow