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Multifamily

808 W Anaheim St

808 W Anaheim St, Wilmington, CA 90744

Listing Price: $9,999,000

Cap Rate
4.62%
Number of Units
44
Price/Unit
$227,250
Price/Gross SF
$566.00
Gross SF
17,666

Investment Overview

Marcus & Millichap is pleased to present to market 808 West Anaheim Street, a 44-unit apartment building in Wilmington, California. The building is a 1987 construction with amenities that include on-site laundry, patios/balconies, secure parking, controlled access, and security cameras. The property generates strong cash flow on current rents and offers a new investor the opportunity to capture 11 percent rental upside.

Investment Highlights

  • 1987 Construction Building With 44 One-Bedroom Units
  • 11 Percent Potential Upside in Rents
  • Amenities: On-Site Laundry, Patios/Balconies, Secure Covered Parking, Controlled Access, Security Cameras
  • Recent Improvements: Plumbing Upgrades, New Appliances, Laminate Flooring, Interior Paint and Reglazed Tubs/Sinks in Select Units

Exclusively Listed By

Listing Price: $9,999,000

Cap Rate
4.62%
Number of Units
44
Price/Unit
$227,250
Price/Gross SF
$566.00
Gross SF
17,666

Investment Highlights

  • 1987 Construction Building With 44 One-Bedroom Units
  • 11 Percent Potential Upside in Rents
  • Amenities: On-Site Laundry, Patios/Balconies, Secure Covered Parking, Controlled Access, Security Cameras
  • Recent Improvements: Plumbing Upgrades, New Appliances, Laminate Flooring, Interior Paint and Reglazed Tubs/Sinks in Select Units

Investment Overview

Marcus & Millichap is pleased to present to market 808 West Anaheim Street, a 44-unit apartment building in Wilmington, California. The building is a 1987 construction with amenities that include on-site laundry, patios/balconies, secure parking, controlled access, and security cameras. The property generates strong cash flow on current rents and offers a new investor the opportunity to capture 11 percent rental upside.

Exclusively Listed By

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