511 E. Washington Ave.

Santa Ana, CA

Santa Ana Apartment Community

Property Facts:

Sale Price: $9,700,000
Number of Units: 30
CAP Rate: 5.88%

INVESTMENT HIGHLIGHTS

  • Excellent Location Across From Historic French Park Community & Vibrant Downtown Santa Ana
  • 5.88% CAP Rate and 6.14% 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