Listing provided courtesy of Gary Tolfa of Triqor Group. Last updated 2024-04-28 08:11:36.000000. Listing information © 2023 CRMLS.
Asking Price: $4,835,000
9602 Alwood, Garden Grove CA 92841
Community: 63 - Garden Grove S of Chapman, W of Euclid
Status: Active
This Apartment property was built in 1958 and is priced at $4,835,000. Please see the additional details below.
We are pleased to present the Alwood Garden Apartments, a well-maintained 16-unit apartment building consisting of two adjacent buildings with eight units each. The property boasts an open layout and is located in a great rental location near the 22 freeway. The current rents provide a 4.5% cap rate, with a 40% potential upside in rents. This presents a great opportunity for investors looking to increase their cash flow and equity. With the potential for higher rents and the property’s prime location, the Alwood Garden Apartments offer strong investment potential for savvy investors looking to add to their portfolio.