SOUTH BROADWAY APARTMENTS

315 SOUTH BROADWAY STREET | SANTA ANA, CA

HIGHLIGHTS

  • Strong Santa Ana Rental Market

  • True Stabilized Asset

  • Individually Metered for Gas and Electricity

  • Nicely Landspaced

  • Low Cost of Ownership

  • Seasoned Tenant Roster

  • Attractive Financing Options at 35% Down Payment

PROPERTY INFO

Property Type: Multi-Family

Status: For Sale

Building Size (Total GLA): 2,964 SF

Lot Size: 6,098 SF

Year Built: 1955

iNVESTMENT PRICING

Price: $1,399,000

Cap Rate Current: 4.43%

Cap Rate Pro Forma: 4.79%

GRM Current: 15.77

GRM Pro Forma: 14.90

Price Per Unit: $279,800

Price Per Square Foot: $472.10

LEASE DETAILS

Units: 5

Unit Mix: 3 - 1 Bed / 1 Bath

2 - 2 Bed / 2 Bath

Lease Type: Fee Simple

Occupancy: 100%

contact

Jason Kirklen
Managing Partner
License No. 01939655
+1 949 942 1302
Jason@vantiscap.com

STAY IN 
TOUCH

VANTIS CAPITAL ADVISORS

2 Park Plaza | Suite 300 | Irvine, CA 

949.942.1300

LOS ANGELES OFFICE COMING SOON

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