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1196 Patricia

Simi Valley , California 93065

Listing Type:
For Sale
Listing Price:
$26,700,000.00
Property Type:
Multi-Family
Property Subtype:
Low-Rise/Garden
Year Built:
2019
Listing Status:
Active
Building Size:
51319 SqFt
Land Area:
1.20 Acres

Description:

65 Units, Prime Ventura County location. A record 27% of Redfin housing searches in July 2020 were seeking to move from urban centers to suburban locations. • As a result of COVID-19, the multifamily rent growth outperformance experienced in suburban locations since 2013 is only expected to widen in the years to come. Strong Market Fundamentals Simi Valley is reporting a vacancy rate of 3.5% as of Q3 2020. Class A multifamily in Simi Valley has averaged year-over-year rent growth of 3.5% for the past 10 years.
The Property features a high-end amenity collection that includes a resort style pool, expansive outdoor courtyard with communal kitchens and fireplace, membership quality fitness center, yoga room, a business center, and a media room.
Custom-designed interiors include natural wood style designer flooring, state-of-the-art “Latch” keyless entry system, Nest thermostats, quartz countertops, Moen fixtures, and a high-end stainless-steel appliance package.
Resort-style pool with lounge seating
Large outdoor courtyard with dining areas, BBQs, and outdoor fireplace
Club-quality fitness center with yoga studio
Resident clubhouse
Business center & collaborative workspaces
Private garages
Custom-designed unit interiors feature 9’ ceilings, quartz countertops, stainless-steel appliances, “Latch” keyless entry, and Nest thermostats

Presented by:

Kahle Commercial  Group

(904) 541-0700

Click here to email

Listed by:

Keller Williams Realty Calabasas

Calabasas

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