$3,700,000
927 S Bruce St, Anaheim, CA 92804
- 8Beds
- 14Baths
- 7579SqFt
- 8Beds
- 14Baths
- 7579SqFt
- Property TypeCondo
- Year Built1959
- Price per Sqft$488
- On highrises17 Days
- Garage16 Cars
Property Details
We are pleased to present the investment opportunity of the Stonecrest Villas, a single story garden style, 14 unit apartment community situated in the picturesque West Anaheim. This property boasts three immaculately maintained buildings with abundant parking and stunning landscaping that creates a spacious and inviting environment. The majority of the apartments feature one bedrooms and include a patio, large mirrored closets, and wall air conditioning and heating units. Each building has its own water heater for added convenience and plenty of hot water. Additionally, approximately 50% of the units have been recently upgraded, adding even more value to the property. The Stonecrest Villas has consistently generated strong cash flow for the seller and presents a unique opportunity for an investor to acquire a well maintained asset with tremendous potential for an estimated 30% increase in rental income. By maximizing this potential, investors can expect to achieve a compelling 7% cap rate based on market rents. Dont miss out on this outstanding investment opportunity!
Property Features
Bedrooms
- Bedrooms: 8
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- James Wardlaw
- state license#02061381
- Brokered by:
- Triqor Group