Courtesy of: Brian Glen Barrios 01379489 | Cooperation Capital Group, Inc.
Purchase Type: Sale
MLS ID: 21-754048
Days On Market: 155
Square Footage: 15,540 Sq ft
Lot size: 0.89
Property Type: Residential Income
Property Subtype: Apartment Building
Area: S.P. West of Ojai/S.P. Rd South
Swimming Pool: Yes
Address: 350 S Steckel Dr
City: Santa Paula
Neighborhood: S.p. West Of Ojai/s.p. Rd South
Pool Features: In Ground
4.57% Cap Rate. $285,433 NOI. 350 S Steckel Drive is an attractive 24-unit apartment building with a strong value add component simply by raising rents. The property is on a quiet street in Santa Paula with (16) 1BD/1BA and (8) 2BD/1BA units. The complex features a pool, 24 carports, 12 uncovered onsite parking spots, ample street parking, onsite laundry, and separate (electric and gas) meters. The entire property was re-plumbed over the last year, including all new copper supply lines to both buildings and brand-new water heaters. Every unit has been renovated. Shopping, restaurants, Teague Park and Hwy 126 are nearby for convenience. Ventura and Oxnard beaches and parks are a quick 15 mile drive away. Marketing Package is in the documents.