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401 West Ramona Street
Ventura, CA 93001
Asking Price
$9.37M
Cap Rate
5.73%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 17 Units | $551,186/unit <ul><li><ul><li><strong>% Occupied Coastal California Multifamily Asset</strong> – Stabilized 17-unit apartment community with strong in-place cash flow in one of Southern California's most supply-constrained rental markets. </li><li><strong>Large Family-Oriented Unit Mix</strong> – Consists primarily of spacious 3-bedroom and 4-bedroom units, a highly desirable product type with limited competing inventory in Ventura. </li><li><strong>Strong Rent Growth Potential</strong> – Opportunity to i
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NOI
$80,000
Cap Rate
0.85%
DSCR
0.14
Underwater
Cash-on-Cash
-16.94%
Monthly Payment
$46,358.414
Annual Cash Flow
$-476,300.973
