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Fletcher Street Apartments 2 biens • Immeuble residentiel • À vendre 4 955 528 $ CAD • Garden Grove, CA



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Faits saillants de l'investissement
- Value-Add Opportunity – Opportunity to renovate interiors and increase rental income by bringing units to current market standards.
- Desirable Unit Mix
- Strong Rental Demand – Positioned within approximately five miles of major employment and entertainment destinations including Disneyland, Bella Terra
- Potential Interior Renovations – Opportunity to install quartz countertops, shaker-style cabinetry, luxury vinyl plank flooring, modern lighting, upda
Résumé de l'annonce
Martinez & Associates, Inc. is pleased to present the Fletcher Street Portfolio, consisting of two four-unit multifamily investment properties located at 13272 Fletcher Street and 13282 Fletcher Street in Garden Grove, California. Together, the portfolio comprises eight (8) residential units and offers investors the opportunity to acquire both properties as a portfolio or purchase either property individually.
Situated in a desirable central Garden Grove neighborhood, the Fletcher Street Portfolio benefits from convenient access to an abundance of shopping, dining, entertainment, and employment destinations throughout Orange County. Residents are located near Garden Grove Boulevard, Historic Main Street, and the GARDEN AMP, while also enjoying proximity to major regional destinations including Disneyland, Bella Terra, the Anaheim Convention Center, Little Saigon, and The Outlets at Orange.
The properties also offer convenient access to State Route 22, providing connectivity throughout Orange County and the greater Southern California region.
The Fletcher Street Portfolio presents a compelling value-add investment opportunity with significant upside through interior renovations and rental optimization. Both properties feature desirable unit configurations that appeal to a broad tenant base. 13282 Fletcher Street includes three (3) two-bedroom units and one (1) three-bedroom unit, while 13272 Fletcher Street further complements the portfolio with four additional residential units.
Investors have the opportunity to modernize the interiors and reposition the properties to capture increased rental income. Comparable renovated multifamily properties throughout the surrounding Garden Grove market have demonstrated strong tenant demand and achieved premium rental rates with improvements such as quartz countertops, white shaker-style cabinetry, stainless steel or modern appliances, recessed lighting, luxury vinyl plank flooring, updated kitchens and bathrooms, contemporary fixtures, and other interior upgrades.
Offered together or separately, 13272 Fletcher Street and 13282 Fletcher Street provide investors with flexibility in acquisition strategy while offering a clear path toward increasing cash flow and long-term asset value. Their central Garden Grove location, proximity to major employment and entertainment centers, access to transportation corridors, and value-add potential make the Fletcher Street Portfolio a compelling multifamily investment opportunity in the Orange County market.
Situated in a desirable central Garden Grove neighborhood, the Fletcher Street Portfolio benefits from convenient access to an abundance of shopping, dining, entertainment, and employment destinations throughout Orange County. Residents are located near Garden Grove Boulevard, Historic Main Street, and the GARDEN AMP, while also enjoying proximity to major regional destinations including Disneyland, Bella Terra, the Anaheim Convention Center, Little Saigon, and The Outlets at Orange.
The properties also offer convenient access to State Route 22, providing connectivity throughout Orange County and the greater Southern California region.
The Fletcher Street Portfolio presents a compelling value-add investment opportunity with significant upside through interior renovations and rental optimization. Both properties feature desirable unit configurations that appeal to a broad tenant base. 13282 Fletcher Street includes three (3) two-bedroom units and one (1) three-bedroom unit, while 13272 Fletcher Street further complements the portfolio with four additional residential units.
Investors have the opportunity to modernize the interiors and reposition the properties to capture increased rental income. Comparable renovated multifamily properties throughout the surrounding Garden Grove market have demonstrated strong tenant demand and achieved premium rental rates with improvements such as quartz countertops, white shaker-style cabinetry, stainless steel or modern appliances, recessed lighting, luxury vinyl plank flooring, updated kitchens and bathrooms, contemporary fixtures, and other interior upgrades.
Offered together or separately, 13272 Fletcher Street and 13282 Fletcher Street provide investors with flexibility in acquisition strategy while offering a clear path toward increasing cash flow and long-term asset value. Their central Garden Grove location, proximity to major employment and entertainment centers, access to transportation corridors, and value-add potential make the Fletcher Street Portfolio a compelling multifamily investment opportunity in the Orange County market.
Faits sur la propriété
| Prix | 4 955 528 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 301,87 $ CAD / pi² | Individuellement en vente | 0 |
| Type de vente | Investissement | Taille totale du bâtiment | 16 416 pi² |
| Statut | Actif | Superficie totale du terrain | 0,31 AC |
| Prix | 4 955 528 $ CAD |
| Prix/pi² | 301,87 $ CAD / pi² |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 16 416 pi² |
| Superficie totale du terrain | 0,31 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 13282 Fletcher St, Garden Grove, CA 92844 | Immeuble residentiel | 8 802 pi² | 1964 | - |
| 13272 Fletcher St, Garden Grove, CA 92844 | Immeuble residentiel | 7 614 pi² | 1964 | - |
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