5 Property Portfolio - 120 Units, Oxnard, CA 93033

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Nick Henry • Beachside Partners

$30,900,000

Est. payment - /mo

89,100 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 89,100 sqft

Price per Sqft $346

MLS Listing ID CRV1-31483

HOA Y/N No

Year Built 1962

Lot Size 3.180 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

Extremely rare opportunity to acquire a portfolio of 5 stabilized, well-run Oxnard apartment buildings totaling 120 units. The 5 buildings consist of 16, 24, 24, 24 and 32-units apiece and are all within close proximity to the major thoroughfare of Oxnard Blvd. 83% of the total unit mix count is comprised of 2-bedroom apartments. Each property offers assumable financing through Chase between 3.23 - 3.35% through the end of NOV or DEC 2026. Several capital improvements of note have been completed. Current ownership has expertly operated these stabilized assets, as evidenced by the 0% vacancy factor as of mid-July, while leaving considerable long-term upside in rental rates to a new owner.PRESIDIO APTS: 3831-3841 SAVIERS RD, OXNARD CA | ELM PARK APTS: 1700 GISLER AVE, OXNARD CA | FIR PARK APTS: 1750 GISLER AVE, OXNARD CA | JUNIPER APARTMENTS: 161 W JUNIPER ST, OXNARD CA | RIVIERA APARTMENTS: 123 & 133 S E ST, OXNARD CA

Location

State CA

County Ventura

Interior

Heating Other

Cooling None

Fireplace No

Laundry Other

Exterior

View None

Building

Lot Description Other

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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5 Property Portfolio - 120 Units Oxnard, CA 93033

Sean Beattie Jr.

Key Details

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