Valley View Apartments
8702 Valley View • Buena Park, CA
Status:
Sold
Close of Escrow: 02/15/2008
Market Time: 72 Days
Activity ID: O0100160
Total Number of Units: 51
Year Built: 1960/2006
Sale Price: $8,350,000
Price per Unit: $163,725
Price per Square Foot: $226.90
CAP Rate: 4.80%
GRM: 12.95
Downpayment: $3,340,000 (40%)
Net Operating Income: $400,585
Rentable Square Feet: 36,801
Lot Size: 73,616
Unit Type
1Bdr 1Bath
2Bdr 1Bath
3Bdr 1Bath
No. of Units
28
22
1
The subject property is located in the highly desirable location of West Buena Park which borders on West Anaheim, Cypress and Cerritos. The Valley View apartments represent a rare opportunity to acquire a property in one of the tightest rental markets.
