Residential Income Details
The Presidio Apartments, located at 3831-3841 Saviers Rd, is a well maintained Oxnard 16-unit complex w/ an ideal unit mix of all 2BD/1BA. 12.6 GRM, 5.0% CAP Rate on pro forma rents ($1500 each). Comprised of (2) identical 2-story 8-unit complexes separated by common area courtyard along with 18 carport parking spaces. Separate electric and gas meters and onsite laundry room (leased machines on mo-mo agreement). Copper plumbing, new gas lines installed in 2008 (originally master metered) and new roof in 2004. There are (2) 100 gallon water heaters. Interiors include wood laminate flooring, ceramic tile in kitchen and baths. Professionally managed by diligent offsite and onsite personnel. Upside over existing rents, owner has plans to increase rents September 1st to be effective Oct 1st, 2018. Please do not go on property without listing agent present.
|Listing Brokerage||Beachside Partners|
|Listing Agent||Nicholas Henry|
|Listing Agent BRE #||01748131|
Based on information from California Regional Multiple Listing Service, Inc. as of Friday, August 31, 2018.
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