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Multifamily

Acacia Village

9832 Acacia Ave, Garden Grove, CA 92841

Listing Price: $10,650,000

Cap Rate
2.63%
Number of Units
24
Price/Unit
$443,750
Price/Gross SF
$430.49
Gross SF
24,739

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Acacia Village, a 24-unit multifamily investment property located in Garden Grove, a premier rental market in Orange County, California. Situated on a 1.27-acre lot, Acacia Village offers an attractive unit mix consisting exclusively of two-bedroom units and offers amenities including gated access, controlled access parking, garage parking, private patios or balconies, and on-site laundry. Acacia Village's excellent Garden Grove location places residents in close proximity to Disneyland, Knott's Berry Farm, coastal communities, and John Wayne Airport, all of which are within 10 miles of the property. Acacia Village is ideally situated in Downtown Garden Grove, placing residents within walking distance of the plethora of retail, dining, and entertainment options that Garden Grove Boulevard has to offer. The property is located within close proximity to State Route 22, providing residents with convenient access to employment hubs in Los Angeles and Orange Counties.

Investment Highlights

  • Rare Opportunity in Garden Grove to Acquire a 24-Unit Multifamily Investment Property Comprised Entirely of 1,000+ Square Foot Two-Bedroom/Two-Bath Units
  • Attractive Amenity Package Includes Gated Access, On-Site Laundry, Private Balconies & Patios, & Garage Parking
  • Fantastic Downtown Garden Grove Location, Placing Residents Within Walking Distance of a Plethora of Retail, Dining, & Entertainment Options
  • In Close Proximity to State Route 22, Providing Residents with Convenient Access to Employment Hubs in Los Angeles and Orange Counties

Exclusively Listed By

Financing By

Listing Price: $10,650,000

Cap Rate
2.63%
Number of Units
24
Price/Unit
$443,750
Price/Gross SF
$430.49
Gross SF
24,739

Investment Highlights

  • Rare Opportunity in Garden Grove to Acquire a 24-Unit Multifamily Investment Property Comprised Entirely of 1,000+ Square Foot Two-Bedroom/Two-Bath Units
  • Attractive Amenity Package Includes Gated Access, On-Site Laundry, Private Balconies & Patios, & Garage Parking
  • Fantastic Downtown Garden Grove Location, Placing Residents Within Walking Distance of a Plethora of Retail, Dining, & Entertainment Options
  • In Close Proximity to State Route 22, Providing Residents with Convenient Access to Employment Hubs in Los Angeles and Orange Counties

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Acacia Village, a 24-unit multifamily investment property located in Garden Grove, a premier rental market in Orange County, California. Situated on a 1.27-acre lot, Acacia Village offers an attractive unit mix consisting exclusively of two-bedroom units and offers amenities including gated access, controlled access parking, garage parking, private patios or balconies, and on-site laundry. Acacia Village's excellent Garden Grove location places residents in close proximity to Disneyland, Knott's Berry Farm, coastal communities, and John Wayne Airport, all of which are within 10 miles of the property. Acacia Village is ideally situated in Downtown Garden Grove, placing residents within walking distance of the plethora of retail, dining, and entertainment options that Garden Grove Boulevard has to offer. The property is located within close proximity to State Route 22, providing residents with convenient access to employment hubs in Los Angeles and Orange Counties.

Exclusively Listed By

Financing By

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