Stardust Apartments | 535 W Barnard St
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Stardust Apartments 535 W Barnard St
32 Unit Block of Flats £1,884,506 (£58,891/Unit) 7.39% Net Initial Yield Blythe, CA 92225
Investment Highlights
- Cash flow investment opportunity!
Executive Summary
Cash flow investment opportunity! 32 nice occupied units. 5.6% bank loan available with 20% down!
Property Facts
| Price | £1,884,506 | Building Class | C |
| Price Per Unit | £58,891 | Lot Size | 1.05 AC |
| Sale Type | Investment | Building Size | 16,025 SF |
| Net Initial Yield | 7.39% | Average Occupancy | 100% |
| No. Units | 32 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 3.99/1,000 SF |
| Apartment Style | Low Rise | Opportunity Zone |
Yes
|
| Price | £1,884,506 |
| Price Per Unit | £58,891 |
| Sale Type | Investment |
| Net Initial Yield | 7.39% |
| No. Units | 32 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.05 AC |
| Building Size | 16,025 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1962 |
| Parking Ratio | 3.99/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Pool
- Smoke Free
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 325 |
| 1+1 | 18 | - | 500 |
| 2+1 | 11 | - | 700 |
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PROPERTY TAXES
| Parcel Number | 845-030-005 | Improvements Assessment | £827,119 |
| Land Assessment | £206,779 | Total Assessment | £1,033,898 |
PROPERTY TAXES
Parcel Number
845-030-005
Land Assessment
£206,779
Improvements Assessment
£827,119
Total Assessment
£1,033,898
zoning
| Zoning Code | R3 (32 units on large lot, well-maintained property, excellent manager and maintenance helper in place! High rental demand area!) |
| R3 (32 units on large lot, well-maintained property, excellent manager and maintenance helper in place! High rental demand area!) |
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Presented by
Renova Properties LLC
Stardust Apartments | 535 W Barnard St
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