108 Barry Drive

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108 Barry Drive

Ventura, CA 93001
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Ventura, California.
  • Located at 108 Barry Drive with convenient access to regional infrastructure.
  • Property situated within the established and growing Ventura coastal market.
  • Multifamily asset class suitable for long-term residential rental investment strategies.
  • Positioned in a region with consistent demand for housing inventory.

What's Special

The multifamily apartment building located at 108 Barry Drive in Ventura, California, presents an acquisition prospect for investors seeking residential assets in this coastal market. Ventura serves as a significant economic hub within the region, characterized by a steady population and proximity to major Southern California transit arteries. This property type supports various residential investment strategies, catering to tenants who prioritize access to local employment sectors and the coastal lifestyle inherent to the area. Investors may find potential in the long-term appreciation of multifamily assets within this growing suburban landscape. The building provides a functional footprint suitable for professional property management and long-term rental income generation. By leveraging the existing housing demand in the Ventura submarket, ownership can align with stable vacancy rates and regional market trends. This apartment building stands as a straightforward addition to a diversified real estate portfolio, benefiting from its established location in a coastal California city.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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