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Multifamily

Cypress Point

Ventura, CA

268 Units

Built in 1990

Value Add

Investment Highlights

  • Compelling Value Add: Investors will have the opportunity to modernize 100% of the unit interiors and can capture 16% in rental upside
  • Strong Submarket Fundamentals: Median single family home values in the City of Ventura have increased 48% over the last 5 years to $932.5k.
  • Premier Access to Employment: Proximate to the 101 Tech Corridor, which consists of major high-tech, telecommunications, clean energy and healthcare companies
  • Exceptional Lifestyle Amenities: Cypress Point residents thrive and benefit from their quick access to hiking trails, a burgeoning downtown, and access to State beaches. Downtown Ventura is a 10-minute drive from the Property and has become a bustling area of nightlife and entertainment including wineries, breweries, shopping & museums all within walking distance of Main street.

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