5401 Perkins Rd - Apartments FOR SALE


Oxnard, CA 93033- South Winds
$2,375,000 USD
805-705-7311
5401 Perkins Rd, Oxnard, CA for Sale
$2,375,000 USD
Apartments - FOR SALE
1/3
null | 5.16% Cap Rate

5401 Perkins Rd
Oxnard, CA 93033
South Winds


HIGHLIGHTS

  • Great unit mix
  • Well maintained
  • Dual Pane windows, fresh exterior paint, new exterior lighting, updates to most interiors
  • 2 garages delivered vacant offering extra potential income or ADU conversion potential

OVERVIEW

9-unit well maintained Oxnard apartment building with ideal unit mix located close to schools, parks, shopping, Navy Base and deepwater Port. Features secure gated entry with (2) 2BD/2BA, (6) 2BD/1BA and (1) 1BD/1BA units totaling 7,764 SF on 9,583 SF lot. 2 garages in front and carports in rear offer ADU conversion potential. The 2 garages, currently used by owner, will be delivered vacant offering immediate upside to rent out or pursue ADU conversion. Separately metered for electricity and gas. Onsite laundry room. Dual pane windows in place and building recently painted. Other improvements include new exterior lighting, new hot and cold water lines on several units and several interiors updated over last few years. Offered at 11.4 x current rents and a 5.2% cap rate.

FOR SALE DETAILS

PRICE

$2,375,000 USD

PRICE/SF

$314 USD /SF

# OF UNITS

9

PRICE/UNIT

$263,889

CAP RATE

5.16%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,140 SF

ZONING

R3, Oxnard

APN/PARCEL ID

222-0-094-065

ASK ABOUT THIS PROPERTY

Nick HenryBeachside Partners, Inc.More Info
805-705-7311

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Nick HenryBeachside Partners, Inc.More Info
805-705-7311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.