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INTEREST OFFERED Investment Summary
100-percent fee simple interest in Park Newhall, 36 apartments
within 6 buildings situated on the east side of Newhall Avenue, Property Website www.newhall36-CBRE.com
midway between 14th and 15th Streets in Santa Clarita, California Price $8,900,000
91321, with a physical address of 24842 thru 24854 Newhall Price / Unit $247,222
Avenue. Price / SF $364.04
CURRENT MARKET
Cap Rate 4.4% 5.0%
GRM 12.8 11.9
TERMS OF THE SALE
Price By Bid Address 24842-24854 Newhall Avenue
The property is offered in its present, as-is condition, without
Newhall, CA 91321
warranties.
Price By Bid No. Units 36 Apartments
Gross SF 24,448
Year Built 1959-1963
Rent Control No
Construction Wood-Frame w/ Stucco Exterior
PROPERTY TOURS
Roof Pitched w/ Asphalt Shingle
Private tours of the property can be arranged by contacting the listing
Metering Separate Gas and Electric
agents.
Total Land 1.09 Acres (47,558 SF)
Zoning LA R3
Parcel No. 2855-015-006 thru 010 (5 parcels)
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