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16171 Springdale StHuntington Beach, CA 92649
Huntington Breeze
Asset ClassMultifamily
Year Built1987
Occupancy: 96%# Units: 114Cap Rate: 5.2%Access Data Room
MUST SELL, $37 MILLION, 114 UNITS, COASTAL SO. CALIF.
overview of deal

Overview

Marcus & Millichap, Newmark, and Voit Real Estate Services are pleased to present Huntington Breeze, an active life-style senior-living apartment community located in the Orange County coastal city of Huntington Beach which features a strong Value-Add Component. The 114-unit community was constructed in 1987 and is situated on over 2.5 acres translating to an ultra-low density of only 44.5 units per acre. The beautifully landscaped grounds feature well-maintained grass areas, mature trees, and manicured shrubs and bushes.

 

PROPERTY TOURS ARE AVAILABLE TUESDAYS AND THURSDAYS. CONTACT GRACE MARTENS AT 949-263-5317 OR GMARTENS@VOITCO.COM

 

 

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Investment Highlights

  • Located In A World-Class Coastal Beach Community
  • Recent Property Upgrades
  • Convenient Access To Shopping, Dining, and Entertainment
  • Immediate Upside And Additional Value Add
  • Potential To Add ADUs
  • Highly Visible Location
  • Growing Orange County Senior Demographic
  • Stable Tenant Base
  • Free Senior Transportation | “Seniors-On-The-Go”
  • Near Senior Amenities and Key Healthcare
  • Strong Occupancy & Rent Growth Forecast
  • Extreme Orange County Housing Shortage
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16171 Springdale StHuntington Beach, CA 92649

Contact Us

Dean ZanderNewmark | Vice Chairman

License #: 00875853

(310) 407-6522dean.zander@nmrk.com
Joe LeonVoit Real Estate Services | Senior Vice President

License #: 00945852

(949) 939-9898jleon@voitco.com
Joseph BerksonMarcus & Millichap | Senior Managing Director

License #: 01031951

(949)419-3232joe.berkson@marcusmillichap.com
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Listing provided by Revere CRE
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