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Robinson Apartments 222 F St 19 Unit Apartment Building $1,924,974 CAD ($101,314 CAD/Unit) 7.66% Cap Rate Needles, CA 92363
EXECUTIVE SUMMARY
THE ROBINSON APARTMENTS Features 19 units. This complex is composed of 13 Studios and 6 units of 1 Bed. 1 Bath. Fully occupied. Note: 16 units has been remodeled three years ago including new roof. Colling wall window most of them. FULLY OCCUPIED. The Robinson Apartments inside of each unit well maintained and upgraded as needed.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,924,974 CAD | Building Class | C |
| Price Per Unit | $101,314 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 13,471 SF |
| Cap Rate | 7.66% | Average Occupancy | 100% |
| No. Units | 19 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1920/2021 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden | ||
| Zoning | GC - General Commercial | ||
| Price | $1,924,974 CAD |
| Price Per Unit | $101,314 CAD |
| Sale Type | Investment |
| Cap Rate | 7.66% |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 13,471 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2021 |
| Opportunity Zone |
Yes |
| Zoning | GC - General Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Smoke Free
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 13 | - | 220 - 338 |
| 1+1 | 6 | - | 310 |
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PROPERTY TAXES
| Parcel Number | 0186-103-23 | Total Assessment | $1,023,459 CAD (2025) |
| Land Assessment | $146,208 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $877,251 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0186-103-23
Land Assessment
$146,208 CAD (2025)
Improvements Assessment
$877,251 CAD (2025)
Total Assessment
$1,023,459 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Robinson Apartments | 222 F St
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