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Robinson Apartments 222 F St 19 Unit Apartment Building $1,807,328 CAD ($95,123 CAD/Unit) 8.96% Cap Rate Needles, CA 92363
Investment Highlights
- Prime Location
- Strong Income
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. Send offers to sergiopaz.realtor@gmail.com cc to openhouse8sp@yahoo.com
Financial Summary (Actual - 2025) 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 - 2025) 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 | $1,807,328 CAD | Apartment Style | Garden |
| Price Per Unit | $95,123 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 8.96% | Building Size | 6,556 SF |
| Gross Rent Multiplier | 7 | Average Occupancy | 100% |
| No. Units | 19 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1920/2021 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | GC - General Commercial | ||
| Price | $1,807,328 CAD |
| Price Per Unit | $95,123 CAD |
| Sale Type | Investment |
| Cap Rate | 8.96% |
| Gross Rent Multiplier | 7 |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 6,556 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 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0186-103-23 | Total Assessment | $1,007,612 CAD |
| Land Assessment | $143,945 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $863,667 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
0186-103-23
Land Assessment
$143,945 CAD
Improvements Assessment
$863,667 CAD
Total Assessment
$1,007,612 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Robinson Apartments | 222 F St
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