155 E G St
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155 E G St
21 Unit Apartment Building $4,267,653 CAD ($203,222 CAD/Unit) Brawley, CA 92227
Investment Highlights
- In the center or Brawley
- Highly desirable area
- Has its own parking
Executive Summary
Discover a prime investment opportunity in the heart of Brawley, California! This exceptional multifamily building complex offers 21 spacious units designed to meet the diverse needs of today's tenants. With dedicated parking spaces, convenience and accessibility are assured for all residents. Property Highlights:
21 Units: The variety of unit sizes caters to different lifestyles, from singles to small families. The parking spaces provide ample room for residents and guests, a rare and valuable feature in the city. This complex is close to schools, shopping centers, restaurants, and recreational facilities. Enjoy the best of Brawley with easy access to major highways and public transportation.
Recent upgrades to key infrastructure, ensuring a hassle-free ownership experience.
Income Potential: With a strong rental market in Brawley, this complex promises a steady stream of income and high occupancy rates, making it an ideal investment for seasoned investors and newcomers alike. The property currently brings about $237,000 annual income and has about 35,000 in yearly operating expenses.
Don't miss this exceptional investment opportunity in Brawley, California. Whether you're expanding your portfolio or seeking a reliable income property, this multifamily complex is a must-see. Contact us today to schedule a viewing and take the first step toward securing your future with this outstanding property.
21 Units: The variety of unit sizes caters to different lifestyles, from singles to small families. The parking spaces provide ample room for residents and guests, a rare and valuable feature in the city. This complex is close to schools, shopping centers, restaurants, and recreational facilities. Enjoy the best of Brawley with easy access to major highways and public transportation.
Recent upgrades to key infrastructure, ensuring a hassle-free ownership experience.
Income Potential: With a strong rental market in Brawley, this complex promises a steady stream of income and high occupancy rates, making it an ideal investment for seasoned investors and newcomers alike. The property currently brings about $237,000 annual income and has about 35,000 in yearly operating expenses.
Don't miss this exceptional investment opportunity in Brawley, California. Whether you're expanding your portfolio or seeking a reliable income property, this multifamily complex is a must-see. Contact us today to schedule a viewing and take the first step toward securing your future with this outstanding property.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$338,480
|
$19.62
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$338,480
|
$19.62
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$38,366
|
$2.22
|
| Net Operating Income |
$300,114
|
$17.40
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $338,480 |
| Annual Per SF | $19.62 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $338,480 |
| Annual Per SF | $19.62 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $38,366 |
| Annual Per SF | $2.22 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $300,114 |
| Annual Per SF | $17.40 |
Property Facts
| Price | $4,267,653 CAD | Apartment Style | Low Rise |
| Price Per Unit | $203,222 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.52 AC |
| Sale Conditions | 1031 Exchange | Building Size | 3,264 SF |
| No. Units | 21 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1970/1980 |
| Property Subtype | Apartment | Parking Ratio | 7.97/1,000 SF |
| Price | $4,267,653 CAD |
| Price Per Unit | $203,222 CAD |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 3,264 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1970/1980 |
| Parking Ratio | 7.97/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 16 | $1,352 CAD | 399 - 500 |
| 1+1 | 5 | $1,068 CAD | 399 |
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Walk Score ®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 048-052-022-000 | Improvements Assessment | $1,183,438 CAD |
| Land Assessment | $113,473 CAD | Total Assessment | $1,296,911 CAD |
PROPERTY TAXES
Parcel Number
048-052-022-000
Land Assessment
$113,473 CAD
Improvements Assessment
$1,183,438 CAD
Total Assessment
$1,296,911 CAD
zoning
| Zoning Code | R-3 (Apartment House 5+ Units) |
| R-3 (Apartment House 5+ Units) |
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