10 unit in Anaheim California

[Justin A Imbastari]

Investment Info:

Large multi-family (5+ units) commercial investment investment in Anaheim .

Purchase price: $1,790,000
Cash invested: $880,000

Built as a condominium conversion project by the owner in 1990, this immaculately maintained 10-unit apartment property is truly a rare find in the apartment market today.

The property consists of a desirable unit mix of one one-bedroom, one-bathroom unit, seven two-bedroom,one-and-a-half bathroom units, and two three-bedroom, two-bathroom units.

How did you add value to the deal?

Upgrades such as security gate, cameras, 7 renovated units, Hvac units.