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Multifamily

Williamson Apartments

550 Williamson Ave, Fullerton, CA 92832

Listing Price: $6,500,000

Cap Rate
4.69%
Number of Units
17
GRM
13.48
Price/Unit
$382,353
Price/Gross SF
$450.26
Gross SF
14,436

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present Williamson Apartments, a 17-unit multifamily investment opportunity located in Fullerton, CA.

Williamson Apartments offers an attractive mix of one, two, and three-bedroom units, of which ten are two-story townhomes. This diverse mix of floor plans helps Williamson Apartments appeal to a broad renter pool. The property, built in 1989, features desirable amenities including a secured central courtyard with a swimming pool, spacious private patios and balconies, an on-site laundry facility, and ample garage, tuck-under, and surface parking spaces.

Williamson Apartments benefits from its optimal central Fullerton location, placing residents in-close proximity of a variety of area amenities. The property is within walking distance of an abundance of unique shops, restaurants, and bars in Downtown Fullerton and is within a 1-mile radius of all three levels of schooling. Additionally, the property is within 1 mile of Fullerton College, a major economic and housing driver for the area. Furthermore, residents enjoy convenient access to a plethora of major retail centers including Fullerton Metrocenter, Orangefair Marketplace, and Fullerton Town Center. Williamson Apartments benefits from it’s close proximity to State Route 91, Interstate 5, and the Fullerton Amtrak Station, connecting residents to employment hubs throughout Southern California.

In summary, Williamson Apartments’ fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With substantial upside and strong rental metrics, Williamson Apartments represents an attractive opportunity for a new owner seeking well located units.

Investment Highlights

  • Diverse Mix of One, Two, & Three-Bedroom Units of which 10 Units are Two-Story Townhomes
  • Desirable Property Amenities Including Gated Access, a Swimming Pool, Private Patios & Balconies, an On-Site Laundry Facility, & Ample Parking (33 Total Spaces)
  • Substantial Upside Through the Completion of a Comprehensive Renovation Plan Including the Installation of In-Unit Laundry
  • Optimal Fullerton Location Placing Residents in Close Proximity of the Unique Shops & Restaurants in Downtown Fullerton

Exclusively Listed By

Financing By

Multifamily

Williamson Apartments

Listing Price: $6,500,000

Cap Rate
4.69%
Number of Units
17
GRM
13.48
Price/Unit
$382,353
Price/Gross SF
$450.26
Gross SF
14,436

Investment Highlights

  • Diverse Mix of One, Two, & Three-Bedroom Units of which 10 Units are Two-Story Townhomes
  • Desirable Property Amenities Including Gated Access, a Swimming Pool, Private Patios & Balconies, an On-Site Laundry Facility, & Ample Parking (33 Total Spaces)
  • Substantial Upside Through the Completion of a Comprehensive Renovation Plan Including the Installation of In-Unit Laundry
  • Optimal Fullerton Location Placing Residents in Close Proximity of the Unique Shops & Restaurants in Downtown Fullerton

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present Williamson Apartments, a 17-unit multifamily investment opportunity located in Fullerton, CA. Williamson Apartments offers an attractive mix of one, two, and three-bedroom units, of which ten are two-story townhomes. This diverse mix of floor plans helps Williamson Apartments appeal to a broad renter pool. The property, built in 1989, features desirable amenities including a secured central courtyard with a swimming pool, spacious private patios and balconies, an on-site laundry facility, and ample garage, tuck-under, and surface parking spaces. Williamson Apartments benefits from its optimal central Fullerton location, placing residents in-close proximity of a variety of area amenities. The property is within walking distance of an abundance of unique shops, restaurants, and bars in Downtown Fullerton and is within a 1-mile radius of all three levels of schooling. Additionally, the property is within 1 mile of Fullerton College, a major economic and housing driver for the area. Furthermore, residents enjoy convenient access to a plethora of major retail centers including Fullerton Metrocenter, Orangefair Marketplace, and Fullerton Town Center. Williamson Apartments benefits from it’s close proximity to State Route 91, Interstate 5, and the Fullerton Amtrak Station, connecting residents to employment hubs throughout Southern California. In summary, Williamson Apartments’ fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With substantial upside and strong rental metrics, Williamson Apartments represents an attractive opportunity for a new owner seeking well located units.

Exclusively Listed By

Financing By

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