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Lompoc Apartment Building For Sale...
14 Units For Sale...
Lompoc, CA

Click on images to enlarge...

 

Available SF: Est. 8,700 SF
Land/Lot SF: Est. 13,939 SF
Offering Price: $1,198,000
 

Property Description

  • Gross Scheduled Income (GSI) is $126,000!

  • The Cap Rate is 8.76%, based on ACTUAL RENTS!

  • The Gross Rent Multiplier (GRM) is 9.51 times, based on ACTUAL RENTS!

  • 100% Occupancy with a waiting list for Tenants!

  • Excellent 1031 Tax Exchange Opportunity for an Investor!

  • Ideal Apartment Building for an Investor

  • 14 units total (10 Units are 1+1 and 4 Units are 2+1)

  • NO RENT CONTROL in the City of Lompoc, CA!

  • Great location within business district for employment opportunities, walking distance to local schools and near transportation!

  • Great Tenant Pool from Lompoc, Vandenberg AFB Military and Civilian Employees

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Additional Information:

Contact: Francis X. Lennarz, Realtor
 Commercial Real Estate Investment Advisor

RE/MAX of Valencia - Commercial Division
 Direct: 1.661.284.5014
 Fax: 1.661.284.5454

 

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Call 1.661.284.5014 today for more information or simply click here!

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