701-705 W Northgate Ln | Anaheim, CA 92805
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701-705 W Northgate Ln
Anaheim, CA 92805
Northgate Apartments · Multifamily Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- First Time on the Market in Over 20 Years
- Over a 6% Cap Rate on Market Rents
- Renovated Building with New Windows, Railings, Stairs and Paint
- Under a 12 GRM and Approximate 5.6% Cap Rate on Current Income
- Plumbing and Electrical Upgrades
PROPERTY FACTS
| No. Units | 20 | Building Size | 8,886 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 2.25/1,000 SF |
| Lot Size | 0.46 AC | ||
| Zoning | RM1200, Anaheim | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 8,886 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 2.25/1,000 SF |
| Zoning | RM1200, Anaheim |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 19 | $1,730 | 440 |
| 2+1 | 1 | $2,195 | 500 |
PROPERTY TAXES
| Parcel Number | 034-183-04 | Improvements Assessment | $708,538 |
| Land Assessment | $1,446,550 | Total Assessment | $2,155,088 |
PROPERTY TAXES
Parcel Number
034-183-04
Land Assessment
$1,446,550
Improvements Assessment
$708,538
Total Assessment
$2,155,088
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