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5710 E La Palma Ave
Anaheim, CA 92807
Asking Price
$22.00M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 118 Units | $211,864/unit <ul><li>60,312 SF building with 118 units</li><li>Large 2.99 Acre Lot (Per Assessor)</li><li>Zoned General Commercial Development Area (DA - 5)</li><li>City Council Enthusiastic About Potential Conversion</li><li>Convenient access to transportation and medical facilities</li><li>Across the Street from Significant Retail Establishments</li><li>Excellent Street Exposure with Freeway Visibility</li><li>Seller experienced with the Conversion Process</li></ul>
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NOI
$80,000
Cap Rate
0.36%
DSCR
0.06
Underwater
Cash-on-Cash
-18.58%
Monthly Payment
$108,843.996
Annual Cash Flow
$-1,226,127.957
