The Stonewood Apartments offers a great unit mix comprised of one-bedrooms and two-bedrooms overlooking a welcoming courtyard inside the property. Located on a major thoroughfare in desirable north Downey, it is within walking distance to the Stonewood Mall, Downey High School, and many other great local attractions. The property has both Open and Garage Parking, Master-Metered Gas, Individually Metered Electricity, and is a well maintained gated community. Stonewood Apartments offers the opportunity to purchase an income producing asset at almost a 3.5% Cap Rate on Current, and a 5.5% Cap Rate on Market.
The Stonewood Apartments offers a great unit mix comprised of one-bedrooms and two-bedrooms overlooking a welcoming courtyard inside the property. Located on a major thoroughfare in desirable north Downey, it is within walking distance to the Stonewood Mall, Downey High School, and many other great local attractions. The property has both Open and Garage Parking, Master-Metered Gas, Individually Metered Electricity, and is a well maintained gated community. Stonewood Apartments offers the opportunity to purchase an income producing asset at almost a 3.5% Cap Rate on Current, and a 5.5% Cap Rate on Market.