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Gilbuck Apartments 938 S Gilbuck Dr 5 Unit Apartment Building $2,276,325 CAD ($455,265 CAD/Unit) 5.45% Cap Rate Anaheim, CA 92802
Executive Summary
The Gilbuck Apartments are in the prime, rental market of Anaheim, CA surrounded by employment, educational, recreational and retail opportunities. The Anaheim rental market is one of the most robust in the county with historically high occupancy, strong rental growth, and highly desirable location.
The property, built in 1960, is entirely single-story construction, offers tenants carport parking, individual metering for utilities, and a desirable unit mix of 80% one-bedroom and 20% two-bedroom units. The property's location offers tremendous access to freeways for tenants to reach the greater socal area and other employment opportunities. Within the immediate area of the Gilbuck Apartments are thousands of employment opportunities, recreational opportunities including public parks, movie theaters, and Disneyland, retail and shopping centers, and numerous educational opportunities.
The property, built in 1960, is entirely single-story construction, offers tenants carport parking, individual metering for utilities, and a desirable unit mix of 80% one-bedroom and 20% two-bedroom units. The property's location offers tremendous access to freeways for tenants to reach the greater socal area and other employment opportunities. Within the immediate area of the Gilbuck Apartments are thousands of employment opportunities, recreational opportunities including public parks, movie theaters, and Disneyland, retail and shopping centers, and numerous educational opportunities.
Property Facts
| Price | $2,276,325 CAD | Property Type | Multifamily |
| Price Per Unit | $455,265 CAD | Property Subtype | Apartment |
| Sale Type | Investment | Apartment Style | Low-Rise |
| Cap Rate | 5.45% | Lot Size | 0.19 AC |
| Sale Condition | 1031 Exchange | Building Size | 2,932 SF |
| Gross Rent Multiplier | 13.13 | No. Stories | 1 |
| No. Units | 5 | Year Built/Renovated | 1960/2024 |
| Price | $2,276,325 CAD |
| Price Per Unit | $455,265 CAD |
| Sale Type | Investment |
| Cap Rate | 5.45% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 13.13 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.19 AC |
| Building Size | 2,932 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2024 |
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Property Taxes
| Parcel Number | 250-174-07 | Improvements Assessment | $155,433 CAD |
| Land Assessment | $955,661 CAD | Total Assessment | $1,111,093 CAD |
Property Taxes
Parcel Number
250-174-07
Land Assessment
$955,661 CAD
Improvements Assessment
$155,433 CAD
Total Assessment
$1,111,093 CAD
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Gilbuck Apartments | 938 S Gilbuck Dr
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