A value-add investment opportunity
located in the City of Orange. Each of the four units features 2
bedrooms and 1 baths, totaling 3,360 square feet.”
Property Overview:
Given the property’s location in the City of Orange, surrounded by multi-unit
properties, residential homes, and retail stores, it seems well-positioned for
rental income and property appreciation. Here are some factors to consider:
Rental Income Potential
High Demand for Rentals: Proximity to retail stores and residential areas often
indicates a higher demand for rental properties. Tenants often prefer locations
with easy access to shopping, dining, and other amenities.
Rental Rates: Research the current rental rates in the area for similar properties.
This will give you a good idea of the potential income you can generate.
Occupancy Rates: Check the occupancy rates of similar properties in the vicinity.
High occupancy rates are a positive indicator of strong rental demand.
Property Appreciation Potential
Location: The City of Orange is known for its charming neighborhoods and historic
districts, which can contribute to property value appreciation over time.