Acacia Villa Apartments

9832-58 Acacia Ave. | Garden Grove, CA

Entire Driveway Upgraded with Concrete Apron, All Garage Doors are in Excellent Condition, Parking is Secured/Remote Controlled Access, All Laundry Equipment is Owned, Entire Complex is Master Keyed, Majority of Units have Window A/C Units, Roof is 40 Yr. Comp Shingle (Approx. 10 Yrs. Old), Plumbing is Copper. 10 Units are Currently on Garden Grove Section 8 Housing, Recently Upgraded Automatic Landscape Irrigation System, PROPERTY HAS BEEN OWNED AND PROFESSIONALLY OPERATED BY THE OWNER FOR OVER 30 YEARS.

Units:24
Year Built:1962
Price:$3,975,000
Down Payment:$1,623,000 (40.8%)
Per Unit Price:$165,625
Per Square Foot Price:$161
GRM:10.4
Cap Rate:6.0%
Cash Flow:$73,441
Mix:2BR+2BA(24)

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