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    VMG Alamitos Beach Portfolio

    ,Long Beach,

    Year Built

    $18,205,000

    Price

    Property Details

    Price Per Unit

    $
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    Price per SF

    $

    Current Cap Rate

    Market Cap Rate

    Current GRM

    Market GRM

    VMG Alamitos Beach Portfolio

    ,Long Beach,

    $18,205,000

    Price

    Property Details

    Price per SF

    $
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    Price Per Unit

    $

    Price per SF

    $

    Current Cap Rate

    Market Cap Rate

    Year Built

    Current GRM

    Market GRM

    Description

    Alamitos Beach Portfolio / 58 Units / $22,400,000

    Market Cap Rate: 5.0% / Market GRM: 13.84

    • 1009 – 1017 E. 2nd Street / 8 Units / $3,600,000
    • 1020 E. Broadway / 4 Units / $2,100,000
    • 1026-32 & 1034-40 E. Broadway / 9 Units / $3,900,000
    • 1044 E. Appleton Street / 15 Units / $4,200,000
    • 1232 E. 2nd Street / 14 Units / $6,000,000
    • 1335 E. 3rd Street / 8 Units / $2,600,000

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