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8 Units Fully Renovated at 8% Cap Rate 430-440 Linden Dr 8 Unit Apartment Building $3,806,175 CAD ($475,772 CAD/Unit) 8% Cap Rate Oxnard, CA 93033
Investment Highlights
- In-unit washer-dryer hook-ups.
- (4) 1BD/1BA with large fenced private front patios.
- Recently remodeled.
- (4) 2BD/2BA townhouse-style units with 2nd floor patios.
- Prime location near shopping, dining and California State University Channel Islands.
Executive Summary
Fully renovated and offering a current 8% CAP rate in South Oxnard. This beautiful 8-unit courtyard-style multi-family investment asset boasts fresh exterior paint, landscaping and interior unit remodels. Unit mix consists of (4) 1BD/1BA with large fenced private front patios and (4) 2BD/2BA townhouse-style units with 2nd floor patios. Seven of eight apartments have been fitted with modern appliances, new windows, flooring, paint and washer/dryer hook-ups. Tenants enjoy the ease of off street parking as well as (4) 2-car garages and (4) 1-car garages. This asset is located in a prime location near shopping, dining and California State University Channel Islands. Don’t miss out on making this turn-key investment asset yours. Tenant to bring their own washer/dryer and refrigerator.
Property Facts
| Price | $3,806,175 CAD | Building Class | C |
| Price Per Unit | $475,772 CAD | Lot Size | 0.31 AC |
| Sale Type | Investment | Building Size | 5,392 SF |
| Cap Rate | 8% | Average Occupancy | 98% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1988/2023 |
| Property Subtype | Apartment | Parking Ratio | 2.97/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-4 | ||
| Price | $3,806,175 CAD |
| Price Per Unit | $475,772 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 5,392 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built/Renovated | 1988/2023 |
| Parking Ratio | 2.97/1,000 SF |
| Zoning | R-4 |
Amenities
Unit Amenities
- Balcony
- Washer/Dryer Hookup
- Eat-in Kitchen
- Kitchen
- Vaulted Ceiling
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+2 | 4 | - | - |
Walk Score®
Very Walkable (79)
Property Taxes
| Parcel Number | 203-0-343-155 | Improvements Assessment | $2,208,991 CAD |
| Land Assessment | $906,343 CAD | Total Assessment | $3,115,334 CAD |
Property Taxes
Parcel Number
203-0-343-155
Land Assessment
$906,343 CAD
Improvements Assessment
$2,208,991 CAD
Total Assessment
$3,115,334 CAD
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8 Units Fully Renovated at 8% Cap Rate | 430-440 Linden Dr
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