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501 S Alameda St

26 Unit Apartment Building $12,000,000 ($461,538/Unit) 7% Cap Rate Compton, CA 90220

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Investment Highlights

Offered in five unit types ranging in size from 1,300 to 2,200 square feet

PROPERTY CAN BE BOUGHT TOGETHER OR SEPARATE.

Executive Summary

Alameda Court includes:
- 20 detached townhouses (ONE IS SOLD)
- 8 attached units,
- including 2 live/work units,
- and a 1,100 square foot COMMUNITY CENTER
** Completed in 2010
** 98% Lease to own Occupancy
** Alameda Court is nestled between Alameda St and Myrrh St
** MAIN STREETS: COMPTON BLVD AND ALONDRA BLVD
** Location is Surrounded by Freeways.
** 91 FREEWAY, 710 FREEWAY, 105 FREEWAY AND 110
FREEWAY ARE SURROUNDING THE PROPERTY. MAKING NAVIGATION AROUND THE CITY AND IT'S GREATER AREAS VERY ACCESSIBLE.
** VERY LOW TURNOVER FOR TENANTS BECAUSE OF EASE OF LOCATION AS WELL.

Alameda Court OM

Property Facts

Price	$12,000,000	Building Class	B
Price Per Unit	$461,538	Lot Size	1.92 AC
Sale Type	Investment	Building Size	40,895 SF
Cap Rate	7%	Average Occupancy	96%
No. Units	26	No. Stories	2
Property Type	Multifamily	Year Built	2010
Property Subtype	Apartment	Parking Ratio	1.61/1,000 SF
Apartment Style	Garden	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$12,000,000
Price Per Unit	$461,538
Sale Type	Investment
Cap Rate	7%
No. Units	26
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	B
Lot Size	1.92 AC
Building Size	40,895 SF
Average Occupancy	96%
No. Stories	2
Year Built	2010
Parking Ratio	1.61/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.