
Robinson Apartments | 222 F St
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Robinson Apartments 222 F St
19 Unit Apartment Building $2,017,757 CAD ($106,198 CAD/Unit) 7.83% Cap Rate Needles, CA 92363



INVESTMENT HIGHLIGHTS
- This 19 unit complex is composed of 14 Studio and 5 Unit 1 bedrooms with 1 bath. Note: 16 units remodeled one year ago, new roof, 90% new plumbing.
- The Robinson Apartments have been well maintained and upgraded as needed. The complex is fully occupied.
EXECUTIVE SUMMARY
PRICE REDUCTION. This property is currently 100% leased and serves as an excellent source of residential income. BC 2% Any additional information can be requested through broker, Sergio Paz, BRE. 01795025 Phone 818-858-2120
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
---|---|---|
Gross Rental Income |
$99,999
![]() |
$9.99
![]() |
Other Income |
$99,999
![]() |
$9.99
![]() |
Vacancy Loss |
$99,999
![]() |
$9.99
![]() |
Effective Gross Income |
$99,999
![]() |
$9.99
![]() |
Taxes |
$99,999
![]() |
$9.99
![]() |
Operating Expenses |
$99,999
![]() |
$9.99
![]() |
Total Expenses |
$99,999
![]() |
$9.99
![]() |
Net Operating Income |
$99,999
![]() |
$9.99
![]() |
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
PROPERTY FACTS
Price | $2,017,757 CAD | Building Class | C |
Price Per Unit | $106,198 CAD | Lot Size | 0.19 AC |
Sale Type | Investment | Building Size | 6,424 SF |
Cap Rate | 7.83% | Average Occupancy | 100% |
No. Units | 19 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1920 |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Apartment Style | Low Rise |
Price | $2,017,757 CAD |
Price Per Unit | $106,198 CAD |
Sale Type | Investment |
Cap Rate | 7.83% |
No. Units | 19 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.19 AC |
Building Size | 6,424 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1920 |
Opportunity Zone |
Yes |
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
Studios | 13 | - | 220 - 360 |
1+1 | 6 | - | 348 - 460 |
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PROPERTY TAXES
Parcel Number | 0186-103-23 | Total Assessment | $1,050,523 CAD |
Land Assessment | $150,075 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
Improvements Assessment | $900,448 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0186-103-23
Land Assessment
$150,075 CAD
Improvements Assessment
$900,448 CAD
Total Assessment
$1,050,523 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
ZONING
Zoning Code | GC (General Commercial) |
GC (General Commercial) |
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Robinson Apartments | 222 F St
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