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Villa Du Soleil 1256 E Main St 12 Unit Apartment Building $8,282,020 CAD ($690,168 CAD/Unit) 4.82% Cap Rate Ventura, CA 93001
Investment Highlights
- Upstairs residences offering volume ceilings and ocean views, while downstairs units provide direct courtyard access and partial ocean views.
- Short walk to the beach and downtown, featuring a gated 13,000 square foot on-grade concrete garage with 22 parking spaces.
- Two-bath unit includes private patios, central heating, in-unit full-size washer and dryer, and complete kitchen appliance packages.
Executive Summary
This is a 12 unit apartment building in Midtown, Ventura. Short walk to the beach and downtown Ventura. There is a gated 13,000 sq. ft. on grade concrete garage with 22 parking spaces, and 10 walk in storage units with a elevator to all floors. There is a large common area courtyard with beautiful views. Each unit has it’s own private patio also.
All the units are one story, approximately 1,000 sq. ft. The upstairs units have volume ceiling’s and nice ocean views. The downstairs unit have easy access to the common courtyard and partial ocean views. Each unit has 2 bedrooms, 2 full bathroom’s, central heating, full size washer and dryer, built in oven/range and microwave, and dishwasher.
All the units are one story, approximately 1,000 sq. ft. The upstairs units have volume ceiling’s and nice ocean views. The downstairs unit have easy access to the common courtyard and partial ocean views. Each unit has 2 bedrooms, 2 full bathroom’s, central heating, full size washer and dryer, built in oven/range and microwave, and dishwasher.
Property Facts
| Price | $8,282,020 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $690,168 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 4.82% | Building Size | 15,978 SF |
| Gross Rent Multiplier | 14.6 | No. Stories | 2 |
| No. Units | 12 | Year Built | 2001 |
| Property Type | Multifamily | Parking Ratio | 1.9/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | CR - Commercial Residential | ||
| Price | $8,282,020 CAD |
| Price Per Unit | $690,168 CAD |
| Sale Type | Investment |
| Cap Rate | 4.82% |
| Gross Rent Multiplier | 14.6 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.33 AC |
| Building Size | 15,978 SF |
| No. Stories | 2 |
| Year Built | 2001 |
| Parking Ratio | 1.9/1,000 SF |
| Zoning | CR - Commercial Residential |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
- Views
- Patio
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Gated
- Storage Space
- Elevator
- Online Services
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 073-0-153-040 | Improvements Assessment | $2,090,888 CAD |
| Land Assessment | $572,526 CAD | Total Assessment | $2,663,414 CAD |
Property Taxes
Parcel Number
073-0-153-040
Land Assessment
$572,526 CAD
Improvements Assessment
$2,090,888 CAD
Total Assessment
$2,663,414 CAD
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Presented by
Ryan Real Estate & Development
Villa Du Soleil | 1256 E Main St
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