Fenway Apartments

7042 Fenway Dr.

Fenway Property

Price: $4,315,000
Number of Units: 10
Year Built: 1977
Price per Unit: $431,500
Price per Square Foot: $448.08
Cap Rate: 3.7%
Mix:  10 Two Bedroom

Fenway Property

Description

The Fenway Apartments provide an investor with a turnkey asset in a great central Orange County location with extremely low maintenance. All two bedroom units, ample parking, and private outdoor space make these units very desirable for tenants. The building has been completely remodeled, inside and out, allowing a new owner ease of management and low expenses. The Fenway Apartments are located off Goldenwest St., close to Westminster Center, and also provides easy access to the 405 and 22 freeways.

Westminster is a quiet Orange County community nestled east of Seal Beach and North of Huntington Beach in a very accessible, transportation-friendly city. Located along the 405 and 22 freeways, and less than seven miles from the beach, it is a popular home for commuters and businesses Westminster is home to some of California’s highest-rated schools, and recreational parks making it attractive for families. Westminster is proud to call itself home to the nation’s highest concentration of Vietnamese-Americans.