Listed by Matthews
$3,900,000
Santa Rita Homes
Details
Property Type Multifamily
Square Footage 26,676
Units 31
Cap Rate 9.86%
NOI $384,545
Tenancy Multi
Price per SqFt $146
Year Built 2016
Ground Lease No
The Only Apartment Community in the County — 9.86% Cap Rate, Fully Furnished, Zero Competition
Investment highlights
• 2016 Vintage With Low Deferred Maintenance Cost
• Strong Historical Occupancy – 5 Years Of Occupancy History Provided
• Strong Unit Mix: Majority Two Bedrooms With Parity
• All Units Come Furnished
• Offered Free And Clear Of Existing Debt
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$384,545.00
$32,045.42/mo
Valuation Metrics
0
DSCR
9.86%
Cap Rate
9.86%
ROI
Map
Zoning
R-4 ResidentialMulti FamilyMultiple Family Residential District
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View all 300 uses Last updated Jan 6, 2026 For deeper zoning details, reports are available at Zoneomics
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