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Westwood Garden Apartments | Near Cal Poly 2351 Westwood Ct 92 Unit Apartment Building For Sale Arcata, CA 95521
Investment Highlights
- Westwood Garden Apartments presents investors with the opportunity to purchase a cash-flowing asset with potential for expansion.
- Buyers can develop an additional 70 units with permits secured, allowing for immediate construction.
- Pride of ownership is evident in this well-maintained complex, featuring 32 newly built, solar-equipped units along with spacious floorplans.
- Premier location near Cal Poly Humboldt University and the US-101 which allows for speedy commutes for residents.
- Minutes from a plethora of retailers and conveniences like Froth, Murphy’s Markets, CVS, Safeway, Domino’s Pizza, Los Bagels, and more.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financial Statements
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Financing Contingency
- Miscellaneous
- **DO NOT POST
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
| Sale Type | Investment | Lot Size | 5.60 AC |
| No. Units | 92 | Building Size | 61,564 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1968/2023 |
| Building Class | C | ||
| Zoning | ML | ||
| Sale Type | Investment |
| No. Units | 92 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.60 AC |
| Building Size | 61,564 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1968/2023 |
| Zoning | ML |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Recycling
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 44 | $1,733 CAD | 457 - 565 |
| 2+1 | 40 | $1,770 CAD | 840 |
| 3+2 | 8 | $2,078 CAD | 980 |
Bike Score®
Very Bikeable (87)
Property Taxes
| Parcel Number | 505-161-028-000 | Total Assessment | $10,276,573 CAD |
| Land Assessment | $1,611,795 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $8,664,778 CAD | Tax Year | 2025 Payable 2026 |
Property Taxes
Parcel Number
505-161-028-000
Land Assessment
$1,611,795 CAD
Improvements Assessment
$8,664,778 CAD
Total Assessment
$10,276,573 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025 Payable 2026
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Westwood Garden Apartments | Near Cal Poly | 2351 Westwood Ct
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