Great opportunity to acquire a bank owned 6-unit apartment building in Lompoc. Property consists of 6-2bedroom/1bath units. Recently upgraded units with longtime property management company still in place. Current monthly income is $4040, Current GRM is at 8.16, CAP rate is 6.66% with a 5% vacancy and expenses at approx. 43% of Effective Gross Income.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
