$11,750,000

Multi Family In Oxnard

  • 92 Beds
  • 48 Baths
  • 51,835 Sqft
  • 24,394 Sqft lot
  • Updated: July 23
  • 4
    Views for last 30 days
  • 1
  • Source:
    North Santa Barbara County Regional MLS  MLS#26001473

About the Property

[hidden information] W Hill Street presents a rare opportunity to acquire a 48-unit multifamily asset in one of Oxnard’s most consistently sought-after rental markets. The property features an ideal workforce/family housing unit mix of 44 two-bedroom/one-bath units and 4 one-bedroom/one-bath units, a configuration that continues to experience strong tenant demand. Under long-term ownership, the pr
[hidden information] W Hill Street presents a rare opportunity to acquire a 48-unit multifamily asset in one of Oxnard’s most consistently sought-after rental markets. The property features an ideal workforce/family housing unit mix of 44 two-bedroom/one-bath units and 4 one-bedroom/one-bath units, a configuration that continues to experience strong tenant demand. Under long-term ownership, the property has maintained historically strong occupancy and stable operations. The asset currently operates at a 6.31% cap rate and 9.25 GRM based on in-place income, providing investors with immediate cash flow and proven performance.
  • Property type

    Apartment

  • Year built

    1963

  • Price/sqft

    $226

Explore the Area

450 Hill Street, Oxnard, California, United States View on Google Maps
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Radius Commercial RE - Santa Barbara

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Radius Commercial RE - Santa Barbara
California, United States
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Radius Commercial RE - Santa Barbara
Santa Barbara, California, United States
View agency profile
Last updated
July 23
First listed
Jul 23
Listing reference
26001473
Listing status
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