13537 5th St - Apartments FOR SALE


Yucaipa, CA 92399
$4,700,000 USD
909-418-2071
13537 5th St, Yucaipa, CA for Sale
$4,700,000 USD
Apartments - FOR SALE
1/56
null | 5.64% Cap Rate

13537 5th St
Yucaipa, CA 92399


HIGHLIGHTS

  • Highly Sought After Senior 62+ Active Living Investment Opportunity Brought to Market During the Largest Aging Shift in US History
  • Brand New 2024 Construction, Fully Occupied Single Story Development is Superbly Designed to Cater to the Senior Community
  • Eight Individual Single-Story Duplexes on One Lot Featuring 50% One-Bedroom/One-Bathroom Units and 50% Two-Bedroom/Two-Bathroom Units
  • Units Feature Spacious Private Yards, Quartz Countertops in Kitchen & Bathroom, Gas Stoves, Built in Microwave Range, Vinyl Plank Flooring
  • Private Off-Street Parking, Solar Panels to Help Off-Set Tenant’s Electricity, Lush Drought-Tolerant Landscaping, and Enclosed Trash Bins
  • Great Long-Term Investment with Non-Rent Controlled Units, Minimal Maintenance, Tenant Paid Gas & Electricity, and a 5.64% Going-In Cap Rate

OVERVIEW

CBRE, Inc. is proud to present a rare opportunity to acquire a brand-new, Active Living 62+ Senior Living Apartment Community at 13537 5th St in Yucaipa, CA. This exceptional offering is strategically positioned to capitalize on the thriving Inland Empire market and Yucaipa’s forward-thinking growth. The property features an ideal and evenly split unit mix, with eight 1-bedroom/1- bathroom units and eight 2-bedroom/2-bathroom units, a desirable combination perfectly suited for the local Active Living 62+ senior rental market. As new construction, the property requires no deferred maintenance or costly capital expenditures for years to come. With installed solar panels, the building is designed for long-term value, providing a sustainable, eco-friendly option that significantly reduces utility costs. A Dynamic Location with Unmatched Growth Yucaipa is a city on the rise, actively pursuing new business and commercial development that is building on its strong foundation. The community is already well-served by quality healthcare and educational facilities, which are being further complemented by this strategic growth. This focus on progress is perfectly balanced by the area’s natural and recreational advantages, with the beauty of the San Bernardino Mountains just a short drive away, and world-class entertainment available nearby at the Yaamava’ Resort & Casino. This location offers a quiet, balanced lifestyle that is highly sought after by the senior living community, providing proximity to essential services while maintaining a serene environment. Day-One Returns with Clear Growth Potential This property offers investors immediate returns, with current rents already performing near market rates. While providing stable cash flow from day one, it also presents a clear opportunity for future income growth as the local market continues to strengthen. Whether you’re a first-time investor, a seasoned professional looking to expand your portfolio, or considering a 1031 Exchange, this asset offers exceptional stability and enduring value in one of Southern California’s most dynamic markets, tapping into the robust and growing demand for senior housing.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$355 USD /SF

# OF UNITS

16

PRICE/UNIT

$293,750

CAP RATE

5.64%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

MF

APN/PARCEL ID

0319-233-58,0319-233-59

ASK ABOUT THIS PROPERTY

Eric ChenCBRE, Inc.More Info
909-418-2071

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Eric ChenCBRE, Inc.More Info
909-418-2071

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.