Apex Laguna Niguel Apartments
284-Unit, Generational Multi-Housing Investment Opportunity | South Orange County
Deal Type: Acquisition
Property Types: Multifamily
EXECUTIVE SUMMARY
JLL, as exclusive advisor, is pleased to present for sale, Apex Laguna Niguel Apartments (the “Property” or “Apex”), a 284-unit, generational multi-housing investment opportunity in a highly-desirable and suburban South Orange County location. Positioned between CA-73 and I-5 in Laguna Niguel with walkability to transit, residents of Apex have direct access to world famous beaches, top-rated schools, endless shopping and dining, prominent employers, and everything else that South Orange County has to offer.
Completed in 2016 as a seven-story podium, Apex offers Class A rental living in an affluent submarket dominated by soaring single-family home prices. Despite a short-term wave of multi-housing supply, Apex is well-positioned to capitalize on continued rent growth as new ownership has the opportunity to close a significant rental gap to market leaders through marking rents to market and a strategic interior update program.
Apex, as a stable investment yielding durable cash flow, represents the extremely unique opportunity to acquire an institutional-quality, multi-housing investment in an unmatched and thinly traded Southern California location – all at a significant discount to replacement cost.