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Multifamily

Castlewood Park

Buena Park, CA

184 Units

Built in 1963

Value Add

Investment Highlights

  • ???????A Compelling Value Add Opportunity: ???????Investors will have the opportunity to capture approximately 25% upside in rental income by completing a comprehensive interior renovation strategy. 
  • ??????????????A Unique Asset: Castlewood Park is a rare opportunity to acquire a sizable opportunity in the Buena Park submarket where there are only 4 other multifamily assets that exceed 150 units. 
  • ???????A High Growth Location: ???????Buena Park remains one of the most supply constrained submarkets in Orange County which results in strong rent growth and occupancy.
  • ???????Easy Accessibility to Jobs and Local Area Amenities: ???????Castlewood Park is proximate to all of the local demand drivers in Buena Park.  Notably, Knott's Berry Farm, which is the largest local employer with 5,000+ jobs, and The Source OC, which is the premier retail destination in Buena Park, are both within 2 miles of the Property. 

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