Oxnard 120-Unit Portfolio Multi-Family FOR SALE


Oxnard, CA - Wilson
$30,900,000 USD
, Oxnard, CA for Sale
$30,900,000 USD
Multi-Family - FOR SALE
1/2
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Oxnard 120-Unit Portfolio
Oxnard, CA
Wilson


HIGHLIGHTS

  • Portfolio of 5 buildings ranging from 16-32 units apiece totaling 120 units with zero vacancy
  • 83% of unit mix is 2BD
  • 32% + upside in rental rates
  • Mix of recent roof, plumbing, electrical capital improvements completed
  • Chase assumable loans of 3.23 - 3.35%

OVERVIEW

Beachside Partners is proud to exclusively offer this 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. See attached "teaser OM" for more info. Access to DD folder and full OM granted upon signed NDA

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Nick HenryBeachside Partners, Inc.More Info

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Nick HenryBeachside Partners, Inc.More Info

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