107 W Wilson Ave, Orange, CA 92867

The Wilson Avenue Apartments, built in 1961, consists of (16) one bedroom/one bathroom units, and (4) two bedroom/one bathroom units. The properties corner lot location on a major thoroughfare (Glassel St) provides enormous exposure to prospective tenants. A new owner will be able to substantially increase the rents to levels nearly all buildings on the street are acheiving and maintaing. This will improve the GRM to an 8.46 and a CAP rate of 7.3%. Amenities include laundry facilites and garages. Property is on two separate parcels.