233 N Inez St - Apartments FOR SALE


Hemet, CA 92543- Downtown Hemet
$1,225,000 USD
619-990-3540
233 N Inez St, Hemet, CA for Sale
$1,225,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

233 N Inez St
Hemet, CA 92543
Downtown Hemet


OVERVIEW

8 UNIT APARTMENT BUILDING EACH WITH 1 BEDROOM 1 BATH, OVERSIZED LIVING ROOMS, SEPARATE WALK-IN CLOSETS, LOTS OF CABINET SPACE, KITCHENS WITH ALL APPLIANCES. 4 UNITS HAVE BALCONIES, 2 UNITS HAVE ENCLOSED BACK PATIOS. 10 INDIVIDUAL CAPORT SPACES & 4 DETACHED NON-USED EMPTY GARAGES. COIN OPERATING LAUNDRY ROOM. MOST OCCUPANTS HAVE BEEN LONG TERM TENANTS. ALL UNITS HAVE BEEN UPDATED WITH FRESH INTERIOR PAINT, FLOORING, APPLIANCES AND FIXTURES. RENTS HAVE NOT BEEN INCREASED IN 2 YEARS AND GARAGES ARE EMPTY THEREFORE THERE IS A HIGHER INCOME POTENTIAL.

FOR SALE DETAILS

PRICE

$1,225,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

8

PRICE/UNIT

$153,125

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

R3

APN/PARCEL ID

443-193-027

ASK ABOUT THIS PROPERTY

Angelica VaimaonaRealty One Group PacificMore Info
619-990-3540

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Angelica VaimaonaRealty One Group PacificMore Info
619-990-3540

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