Property Detail

Description

6 unit apartment building in North Oxnard 1 block from Fremont Square Shopping Center offering an excellent opportunity to assume existing Chase loan at only 4.59%($860K loan balance) thru 8/1/29. 500 N Ventura RD includes (2) 2BD/1BA & (4) 1BD/1BA. Carport parking, onsite laundry room(not currently in use) and separately metered for electricity and gas. The building has dual pane windows. Tenants will appreciate the close proximity to shopping and schools plus the fact that the neighborhood immediately behind the property is comprised entirely of SFR's. Great 1031 exchange property or addition to portfolio with immense cash flow savings offered by the assumable loans