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5 Property Portfolio - 120 Units Oxnard, CA 93033
3.18 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID V1-31483
HOA Y/N No
Year Built 1962
Lot Size 3.180 Acres
Property Description
Extremely rare opportunity to acquire a portfolio of 5 stabilized, well-run Oxnard apartment buildings totaling 120 units. The 5 buildings consist of 16, 24, 24, 24 and 32-units apiece and are all within close proximity to the major thoroughfare of Oxnard Blvd. 83% of the total unit mix count is comprised of 2-bedroom apartments. Each property offers assumable financing through Chase between 3.23 - 3.35% through the end of NOV or DEC 2026. Several capital improvements of note have been completed. Current ownership has expertly operated these stabilized assets, as evidenced by the 0% vacancy factor as of mid-July, while leaving considerable long-term upside in rental rates to a new owner.PRESIDIO APTS: 3831-3841 SAVIERS RD, OXNARD CA | ELM PARK APTS: 1700 GISLER AVE, OXNARD CA | FIR PARK APTS: 1750 GISLER AVE, OXNARD CA | JUNIPER APARTMENTS: 161 W JUNIPER ST, OXNARD CA | RIVIERA APARTMENTS: 123 & 133 S E ST, OXNARD CA
Location
State CA
County Ventura
Area Lcoth - Other
Interior
Heating Combination
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Range, Refrigerator
Laundry Common Area
Exterior
Parking Features Carport, Garage
Garage Spaces 24.0
Garage Description 24.0
Fence None
Pool None
Community Features Biking, Hiking
View Y/N No
View None
Total Parking Spaces 120
Private Pool No
Building
Lot Description Sprinklers None
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Nick Henry Beachside Partners