Property Details
About this Property
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. Don’t miss out on this outstanding investment opportunity!
MLS Listing Information
MLS #
CRPW24188324
MLS Source
California Regional MLS
Parking, School, and Other Information
Garage/Parking
Garage: 16 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
927 S Bruce St is a Residential Income in Anaheim, CA 92804. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1959. This address can also be written as 927 S Bruce St, Anaheim, CA 92804.
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This listing information is up-to-date as of December 03, 2024. For the most current information, please contact James Wardlaw
