Apartments For Sale • 6,882 SF
Opportunity to Increase Rental Income by up to 23% to Achieve Market Rents |
Current 5.32% Cap Rate on Current Income, 7.13% Cap Rate at Market Rents |
High Rental Demand Location in the Inland Empire |
Historically High Occupancy |
Superbly-Maintained Property Consisting of ±6,424 Rentable SF; Situated on a ±10,019 SF Lot |
All 1B/1B Unit Floor Plans | Average Unit Size of ±460 Square Feet |
Cap Rate: | 5.32 % |
Total Expenses: | $85,457 USD |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Riverside-Downtown (91 Line - Southern California Regional Rail Authority (Metrolink), Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink)) | 8 min | - | 3.6 mi |
Pedley (Riverside Line - Southern California Regional Rail Authority (Metrolink)) | 8 min | - | 4.3 mi |
Airport | Drive | Walk | Distance |
Ontario International | 21 min | - | 14.6 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 20 |
Type: | Surface |
Included in Rent: | Yes |