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Multifamily

2228 E Westport Drive

2228 E Westport Drive, Anaheim, CA 92806

Listing Price: $3,500,000

Cap Rate
3.66%
Number of Units
12
Price/Unit
$291,667
Price/Gross SF
$459.20
Gross SF
7,622

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 2228 East Westport Drive, a 12-unit multifamily investment property located in Anaheim, CA. Built in 1960, 2228 East Westport Drive consists of 11, one-bedroom units and 1, two-bedroom unit, all of which are single-story. The property offers amenities including professional landscaping, security doors, garage and uncovered parking, a shared central courtyard, and on-site laundry. Additionally, current ownership has recently invested significant capital into both community and unit improvements. Common area renovations include new garage doors, roofing, windows, and front doors and unit renovations for select units include new flooring, doors, paint, and upgraded bathrooms and kitchens. Located just east of Downtown Anaheim, 2228 East Westport Drive is 1.60 miles from the Anaheim Packing District, the recently renovated premier downtown destination with over 42,000 square feet of contemporary eateries, bars, and farmers markets. Additionally, 2228 East Westport Drive is 2.45 miles from Disneyland and the Anaheim Convention Center, two of Anaheim's principal economic drivers, employers, and tourist destinations. Furthermore, the property is 2.50 miles from the Kaiser Permanente Anaheim Medical Center, the 2nd top employer in Anaheim with over 3,050 physicians and staff.

Investment Highlights

  • A 12-Unit Multifamily Investment Property Located in Anaheim
  • The Property Features 100% Single-Story Construction and Consists of 11, One-Bedroom Units and 1, Two-Bedroom Unit
  • Amenities Include Professional Landscaping, Security Doors, Garage and Uncovered Parking, a Shared Central Courtyard, and On-Site Laundry
  • Current Ownership Has Recently Invested Over $275,000 in Unit and Community Renovations (For More Information, Please Contact Listing Agent)
  • Positioned Adjacent to Anaheim Town Square, a Large Regional Shopping Center With Over 372,000 Square Feet of Retail Space

Exclusively Listed By

Listing Price: $3,500,000

Cap Rate
3.66%
Number of Units
12
Price/Unit
$291,667
Price/Gross SF
$459.20
Gross SF
7,622

Investment Highlights

  • A 12-Unit Multifamily Investment Property Located in Anaheim
  • The Property Features 100% Single-Story Construction and Consists of 11, One-Bedroom Units and 1, Two-Bedroom Unit
  • Amenities Include Professional Landscaping, Security Doors, Garage and Uncovered Parking, a Shared Central Courtyard, and On-Site Laundry
  • Current Ownership Has Recently Invested Over $275,000 in Unit and Community Renovations (For More Information, Please Contact Listing Agent)
  • Positioned Adjacent to Anaheim Town Square, a Large Regional Shopping Center With Over 372,000 Square Feet of Retail Space

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 2228 East Westport Drive, a 12-unit multifamily investment property located in Anaheim, CA. Built in 1960, 2228 East Westport Drive consists of 11, one-bedroom units and 1, two-bedroom unit, all of which are single-story. The property offers amenities including professional landscaping, security doors, garage and uncovered parking, a shared central courtyard, and on-site laundry. Additionally, current ownership has recently invested significant capital into both community and unit improvements. Common area renovations include new garage doors, roofing, windows, and front doors and unit renovations for select units include new flooring, doors, paint, and upgraded bathrooms and kitchens. Located just east of Downtown Anaheim, 2228 East Westport Drive is 1.60 miles from the Anaheim Packing District, the recently renovated premier downtown destination with over 42,000 square feet of contemporary eateries, bars, and farmers markets. Additionally, 2228 East Westport Drive is 2.45 miles from Disneyland and the Anaheim Convention Center, two of Anaheim's principal economic drivers, employers, and tourist destinations. Furthermore, the property is 2.50 miles from the Kaiser Permanente Anaheim Medical Center, the 2nd top employer in Anaheim with over 3,050 physicians and staff.

Exclusively Listed By

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