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357 Mathilda Dr 10 Unit Apartment Building $4,396,675 CAD ($439,668 CAD/Unit) 3.50% Cap Rate Goleta, CA 93117



Executive Summary
This 10 unit apartment complex is located in the Ellwood Mesa area of Goleta. This area is close to UCSB and several business parks in the area. All ten units are studio lofts approximately 490 SF each. Current rents are approximately 78% of market rents.
Property Facts
| Price | $4,396,675 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $439,668 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 3.50% | Building Size | 4,864 SF |
| Gross Rent Multiplier | 15.4 | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1974 |
| Property Subtype | Apartment | Parking Ratio | 2.47/1,000 SF |
| Price | $4,396,675 CAD |
| Price Per Unit | $439,668 CAD |
| Sale Type | Investment |
| Cap Rate | 3.50% |
| Gross Rent Multiplier | 15.4 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 4,864 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 2.47/1,000 SF |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | $3,071 CAD | 490 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 079-554-019 | Improvements Assessment | $338,789 CAD |
| Land Assessment | $60,963 CAD | Total Assessment | $399,753 CAD |
Property Taxes
Parcel Number
079-554-019
Land Assessment
$60,963 CAD
Improvements Assessment
$338,789 CAD
Total Assessment
$399,753 CAD
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357 Mathilda Dr
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