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155 E G St 21 Unit Apartment Building $3,731,368 CAD ($177,684 CAD/Unit) 8.33% Cap Rate Brawley, CA 92227

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INVESTMENT HIGHLIGHTS

  • In the center or Brawley
  • Highly desirable area
  • Has its own parking

EXECUTIVE SUMMARY

Discover a prime investment opportunity in the heart of Brawley, California! This exceptional multifamily building complex offers 21 spacious units designed to meet the diverse needs of today's tenants. With dedicated parking spaces, convenience and accessibility are assured for all residents. Property Highlights:
21 Units: The variety of unit sizes caters to different lifestyles, from singles to small families. The parking spaces provide ample room for residents and guests, a rare and valuable feature in the city. This complex is close to schools, shopping centers, restaurants, and recreational facilities. Enjoy the best of Brawley with easy access to major highways and public transportation.
Recent upgrades to key infrastructure, ensuring a hassle-free ownership experience.
Income Potential: With a strong rental market in Brawley, this complex promises a steady stream of income and high occupancy rates, making it an ideal investment for seasoned investors and newcomers alike. The property currently brings about $237,000 annual income and has about 35,000 in yearly operating expenses.
Don't miss this exceptional investment opportunity in Brawley, California. Whether you're expanding your portfolio or seeking a reliable income property, this multifamily complex is a must-see. Contact us today to schedule a viewing and take the first step toward securing your future with this outstanding property.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $328,731 $19.06
Other Income - -
Vacancy Loss - -
Effective Gross Income $328,731 $19.06
Taxes - -
Operating Expenses - -
Total Expenses $37,261 $2.16
Net Operating Income $291,470 $16.90

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income (CAD)
Annual $328,731
Annual Per SF $19.06
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $328,731
Annual Per SF $19.06
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $37,261
Annual Per SF $2.16
Net Operating Income (CAD)
Annual $291,470
Annual Per SF $16.90

PROPERTY FACTS

Price $3,731,368 CAD
Price Per Unit $177,684 CAD
Sale Type Investment
Cap Rate 8.33%
Sale Condition 1031 Exchange
Gross Rent Multiplier 11.39
No. Units 21
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.52 AC
Building Size 17,250 SF
No. Stories 2
Year Built 1970
Parking Ratio 1.51/1,000 SF
Zoning R-3 - Apartment House 5+ Units

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Range

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 16 $1,313 CAD 399 - 500
1+1 5 $1,037 CAD 399
Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
048-052-022-000
Land Assessment
$119,251 CAD (2025)
Improvements Assessment
$1,243,703 CAD (2025)
Total Assessment
$1,362,954 CAD (2025)
  • Listing ID: 32520142

  • Date on Market: 2024-07-19

  • Last Updated:

  • Address: 155 E G St, Brawley, CA 92227

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