Listed by 949-756-3232 - James Wardlaw - DRE #02061381 - Triqor Group 949-756-3232
$3,700,000 affordable loan icon Calculate Payment

927 Bruce Street Anaheim, CA 92804

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Apartment Residence
Beds
Baths
7,579 Sq. Ft.
0.58 Acre Lot

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Last updated on 11/15/2024 8:46 PM
We are pleased to present the investment opportunity of the Stonecrest Villas, a single story garden style, 14 unit apartment community situated in the picturesque West Anaheim. This property boasts three immaculately maintained buildings with abundant parking and stunning landscaping that creates a... spacious and inviting environment. The majority of the apartments feature one bedrooms and include a patio, large mirrored closets, and wall air conditioning and heating units. Each building has its own water heater for added convenience and plenty of hot water. Additionally, approximately 50% of the units have been recently upgraded, adding even more value to the property. The Stonecrest Villas has consistently generated strong cash flow for the seller and presents a unique opportunity for an investor to acquire a well maintained asset with tremendous potential for an estimated 30% increase in rental income. By maximizing this potential, investors can expect to achieve a compelling 7% cap rate based on market rents. Don’t miss out on this outstanding investment opportunity! Continue reading
MLS#
PW24188324
Property Type
Apartment
Status
Active Under Contract
Year Built
1959
Square Feet
7,579 sq. ft
Lot Size
0.58
Stories
1.0
Sewer
Public Sewer

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Listed by 949-756-3232 - James Wardlaw - DRE #02061381 - Triqor Group 949-756-3232
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/15/2024 8:46 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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