• 1
• 2
• 3
• 4

Previous Next

Property Type: Residential Income (REO)

33 Units

GRM: 10.00

Building Size: 36366 Sq Ft

Lot Size: .835 Sq Ft

Property Description

he Casa Valencia Apartments is a prime 33 unit multifamily property offering great curb appeal, plentiful amenites and fantastic upside on rents. The property is highlighted by a
spacious central courtyard accented by a large pool in the center. This property is well maintained, featuring nice landscaping, exotic mediterranean tile accents, laundry room enclosed garages
and updated interiors (including garbage disposals and dishwashers). Nice unit mix-(17) 1+1, 8(2+1), 8(2+1.5 townhome units). Very low existing rents comparble to neighboring properties. 20%
UPSIDE ON RENTS; Market Cap Rate is 6.6% and Market GRM is 8.7!! Casa Valencia is located in the northwest district of Oxnard, arguably one of the better neighborhoods within the ciy. The
property is strategically located close to the I-101 and Oxnard Boulevard. Additionally it is near the hospital, shopping, beaches and Financial Towers.

Property Location

Share This Listing