Rockinghorse Apartment Homes
8 Unit Apartment Building | $2,599,000 ($324,875/Unit) | 5.34% Cap Rate | Garden Grove, CA 92843
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,599,000
- Property Type
-
Multifamily
- Square Feet
- 4,978 SF
Listing Contacts
Ruben Khorsandi
Verified Profile
Daniel Khorsandi
Verified Profile
- Property Info
Property Overview
PRIDE OF OWNERSHIP ASSET AT A 5.34% CAP RATE ON ACTUALS! Alliance Investment Real Estate Group, as the exclusive listing agent, is pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring! The exterior has also been completely renovated with a new roof, fascia, paint, stucco, vinyl windows, entry doors, garage doors, exterior lighting and new concrete throughout the entire property. There is also a renovated laundry room with two washers and two dryers that are owned! Each unit also includes A/C units. There are also garages for each unit for tenants to enjoy. There is also a RUBs program in place for tenants to reimburse the owner for utilities which keeps operating expenses low.
PROPERTY SOLD IN AS-IS CONDITION, BUYER TO VERIFY YR BUILT AND SQUARE FOOTAGE WITH THE CITY, SOLD AS IS, AND ALL EXPENSES ESTIMATED.
Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Please call listing office for more information.
NO OFFERS WILL BE CONSIDERED OR ACCEPTED BEFORE CALLING AGENT FIRST TO DISCUSS AT: 949-250-0400.
PROPERTY SOLD IN AS-IS CONDITION, BUYER TO VERIFY YR BUILT AND SQUARE FOOTAGE WITH THE CITY, SOLD AS IS, AND ALL EXPENSES ESTIMATED.
Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Please call listing office for more information.
NO OFFERS WILL BE CONSIDERED OR ACCEPTED BEFORE CALLING AGENT FIRST TO DISCUSS AT: 949-250-0400.
Property Details
- Class
- C
- Year Built/Renovated
- 1959/2021
- Stories
- 2
- Lot Size (sq. ft)
- 10,454 SF
- Units
- 8
Highlights
- PRIDE OF OWNERSHIP / 100% OCCUPIED!
- ALL Units Fully Renovated Including Vinyl Plank Flooring, New kitchens/Countertops & bathrooms
- In-Place RUBS / All One-Bedroom Floor Plans
- Garages / New Roof
- Laundry Room
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FAQ
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