560 W Gonzales Rd - Apartments FOR SALE


Oxnard, CA 93036- Carriage Square
$6,300,000 USD
560 W Gonzales Rd, Oxnard, CA for Sale
$6,300,000 USD
Apartments - FOR SALE
1/5
null | 5.69% Cap Rate

560 W Gonzales Rd
Oxnard, CA 93036
Carriage Square


HIGHLIGHTS

  • Ideal unit mix w/ spacious units
  • 32 Garage Spaces
  • New Roof, exterior painted, downstairs units replumbed
  • Central location near Lowes, the Collection, Esplanade Shopping Center
  • 5.7% CAP on current rents

OVERVIEW

24-unit well maintained Oxnard apartment building with ideal unit mix in central location off Oxnard BLVD and W Gonzales RD across from Lowes. Significant recent capital expenditures invested into building including new roof, fresh exterior paint and downstairs units replumbed. 560 W Gonzales RD features (6) 2BD/2BA, (6) 2BD/1BA and (12) 1BD/1BA apartments set on a 30,492 SF lot. The 32 garage spaces offer an excellent potential value add play for ADU conversion. Courtyard style 2-story building with laundry room and separately metered for gas and electric. Several units in rear have large decks. Solid long term investment opportunity for a well-located building with spacious units that will always be in high demand from tenants.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$283 USD /SF

# OF UNITS

24

PRICE/UNIT

$262,500

CAP RATE

5.69%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vista Colina

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

R3PD

APN/PARCEL ID

200-0-073-525

ASK ABOUT THIS PROPERTY

Nick HenryBeachside Partners, Inc.More Info

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Nick HenryBeachside Partners, Inc.More Info

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