120 W Olive Ave,
Redlands, CA 92373
已成交 成交價: $55萬 成交日期: 2017年01月19日
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

8400 平方英呎
(780平方米)

1940 年

地產編號: CV17012682
所處郡縣: San Bernardino
面積單價:$178.57/sq.ft ($1,922 / 平方米)
房屋簡介

We are pleased to present this five unit apartment building in Redlands California. This building has one two bedroom two bath, two one bedroom one bathroom, and two studios. Fully occupied building no vacancies. Low expenses great cash flow. Building is walking distance from downtown Redlands where tenants can enjoy shopping and entertainment and walk back to their unit. This market shows a trend of raising rents quarter to quarter making it an excellent investment for years to come. 6.3% CAP RATE actual 7.8% CAP RATE PRO FORMA. Tenants pay electricity and gas. Water, sewer, trash is together ($437) paid by owner. Building has separately metered electricity and gas, building exterior newly painted, building shows pride of ownership. After a decade of ownership the rare opportunity for you to own an apartment building in desirable South Redlands can be realized.

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