2858 W Lincoln Avenue

Description

We are pleased to present Lincoln Apartments, a 4-unit apartment building in Anaheim, CA. The property consists of large 2 and 3-bedroom units with patios/balconies and garage parking spaces. The asset also features individual gas and electric meters and a shared laundry facility. Having been professionally managed throughout ownership, the property is on the market for the first time in 24 years. With strong in-place rents, this property offers an investor the opportunity to acquire a high cash-flowing asset generating a 4.8% cap rate with current rents, 6.3% with market rents. This property is ideal for investors seeking a well-priced, value-add opportunity in a sought-after location.

Listing information courtesy of: Ryan Loria, Triqor Group . *Based on information from the Association of REALTORS/Multiple Listing as of 11/25/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.