Description

937 South Roberts Street is an 8-unit multifamily investment property located in Anaheim, California. Built in 1960, 937 South Roberts Street offers exclusively one-bedroom floor plans, seven of which feature recent upgrades including fresh paint, vinyl flooring, quartz countertops, stainless steel appliances, and more. The gated property features a spacious courtyard, an on-site laundry facility, and ample garage parking. Offered at a 5.44% CAP rate on current rents, 937 South Roberts Street offers a new owner the opportunity to purchase a stabilized, cash-flowing asset, with additional upside. 937 South Roberts Street benefits from its optimal Anaheim location, situated one mile from Disneyland and Downtown Disney. The property is located within one mile of part of the recently approved DisneylandForward project, a $1.9 billion plan to expand Disneyland’s footprint by adding new hotels, retail, and attractions to its existing 100-acre plus site. Additionally, the property is located just over one mile from the Anaheim GardenWalk, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Furthermore, 937 South Roberts Street provides residents with convenient access to Interstate 5, connecting residents to employment hubs throughout Orange and Los Angeles Counties. In summary, 937 South Roberts Street represents a unique opportunity to acquire a multifamily property in the direct vicinity of Disneyland and other major Anaheim area destinations.