CLOSED DEALS

4201-4207 Dana Rd, Newport Beach, CA 92663

TRANSACTIION HIGHLIGHTS

  • Multi-family Investment Property in Newport Beach, CA

  • SOLD: $2.05M

  • CAP RATE: 4.38%

  • Year Built/Renovated: 1965/2017

INVESTMENT HIGHLIGHTS

  • IRREPLACABLE LOCATION in a HIGHLY sought after rental market

  • 100% stabilized cash flowing asset w/ upside potential and strong historical occupancy

  • Above Average Median Income (approx. $120K)

  • Each unit has washer/dryer hookups, separately metered for electricity, private garage, and a balcony or patio

  • Strong rental market near beaches, Balboa Island, restaurants, shopping, and close access to major thoroughfares

CONTACT SCOTT CLARK FOR ADDITIONAL INFORMATION