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Multifamily

Bush Court Apartments

1407 N Bush St, Santa Ana, CA 92701

Listing Price: $14,500,000

Cap Rate
4.15%
Number of Units
52
Price/Unit
$278,846
Price/Gross SF
$398.42
Gross SF
36,394

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Bush Court Apartments, a 52-unit multifamily investment property located in Santa Ana. Built in 1987, Bush Court Apartments is a turnkey investment property with an ideal unit mix of one- and two-bedroom units, the majority of which have been renovated with remodeled kitchens, granite countertops, tile backsplashes, microwaves, tile flooring and more. The property features attractive amenities including controlled access, elevator service, ample garage parking with gated access, security cameras, security doors, balconies, patios, and on-site laundry. The property also features a solar panel system, LED lighting, and a utility reimbursement program which will simplify management and lower monthly expenses for a new owner.

Investment Highlights

  • A 52-Unit Multifamily Investment Property Located in Santa Ana
  • Attractive Unit Mix Consisting of 36, One-Bedroom Units, 2, One-Bedroom Units with a Den, and 14, Two-Bedroom units
  • Amenities Include Controlled Access, a Spacious Central Courtyard, Garage Parking, Private Patios and Balconies, Elevator Served, and On-Site Laundry
  • The Majority of Units Have Been Renovated with Remodeled Kitchens, Granite Countertops, Tile Backsplashes, Microwaves, Tile Flooring, and More
  • Located Just North of the French Park Historic District and is Within Walking Distance to Bowers Museum and Orange County School of the Arts

Exclusively Listed By

Listing Price: $14,500,000

Cap Rate
4.15%
Number of Units
52
Price/Unit
$278,846
Price/Gross SF
$398.42
Gross SF
36,394

Investment Highlights

  • A 52-Unit Multifamily Investment Property Located in Santa Ana
  • Attractive Unit Mix Consisting of 36, One-Bedroom Units, 2, One-Bedroom Units with a Den, and 14, Two-Bedroom units
  • Amenities Include Controlled Access, a Spacious Central Courtyard, Garage Parking, Private Patios and Balconies, Elevator Served, and On-Site Laundry
  • The Majority of Units Have Been Renovated with Remodeled Kitchens, Granite Countertops, Tile Backsplashes, Microwaves, Tile Flooring, and More
  • Located Just North of the French Park Historic District and is Within Walking Distance to Bowers Museum and Orange County School of the Arts

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Bush Court Apartments, a 52-unit multifamily investment property located in Santa Ana. Built in 1987, Bush Court Apartments is a turnkey investment property with an ideal unit mix of one- and two-bedroom units, the majority of which have been renovated with remodeled kitchens, granite countertops, tile backsplashes, microwaves, tile flooring and more. The property features attractive amenities including controlled access, elevator service, ample garage parking with gated access, security cameras, security doors, balconies, patios, and on-site laundry. The property also features a solar panel system, LED lighting, and a utility reimbursement program which will simplify management and lower monthly expenses for a new owner.

Exclusively Listed By

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