Opportunity to own a well maintained and stable 8-unit apartment building in desirable Ventura, CA. History of high occupancy. Good unit mix of 6 -(2+1) units and 2-(1+1) units. Cul-de-sac location! $10,335 scheduled monthly gross income, approximate 4% cap rate. Upside in income possible with several unit rents under market. Separately metered for electricity and gas. Seller recently completed upgrades including new roof, dual pane windows, main sewer line replaced, exterior painting and installation of drought tolerant plants and irrigation system. Several units with upgraded bathrooms, kitchens, appliances and flooring! Laundry provides additional income. Excellent location for tenants to access 101 Freeway, near government center, restaurants and entertainment. 10-15 minutes to Ventura Harbor and beautiful Ventura beaches!
Courtesy of RE/MAX Gold Coast REALTORS, Douglas Kubiske - CA DRE#01005725
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