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VENTURA COUNTY NEWS
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Investor Collects $2.7 Mil from Sale of Ventura Apt Property

12/07/12

A 20-unit apartment building located in Ventura recently sold for $2.695 mil, or $134.8k/unit. The property is located at 95 South Ann St, north of the 101 Fwy about midway between Seaward and Ventura Aves.

Built in 1965, 95 South Ann Street boasts a unit mix of 18 one-bedroomone-bathroom units and two studio apartments. All units face a central courtyard and many have balconies. The propertyís close proximity to the main area of Ventura keeps these units in high demand for all classes of renters. There is a carport space for every tenant of Ann Street and the property is well maintained and landscaped.

Greg Kaiser, an associate in Marcus & Millichapís West Los Angeles office, represented the seller, a private investor.





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