255 S Sherman Ave - Apartments FOR SALE


Corona, CA 92882
$665,000 USD
949-727-9011
255 S Sherman Ave, Corona, CA for Sale
$665,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

255 S Sherman Ave
Corona, CA 92882


HIGHLIGHTS

  • Fully-leased fourplex with long term tenants
  • Below market rents
  • 3,560sf Building on 9,147sf Corner Lot, all units 2BR/2BA
  • Rent Roll and Income/Expense documents available on request
  • Individually metered, tenants pay electric/gas
  • Just minutes off 91 Fwy

OVERVIEW

Auction - List price is opening bid; 5% Buyer's Premium applies; Bidding ends November 6th; Property sold "as-is"; see Property Information Package for complete terms of sale

FOR SALE DETAILS

PRICE

$665,000 USD

PRICE/SF

$187 USD /SF

# OF UNITS

4

PRICE/UNIT

$166,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Auction - Value-Add 4 Units

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,147 SF

ZONING

-

APN/PARCEL ID

118-103-003

ASK ABOUT THIS PROPERTY

Michael WaltersTranzon Asset StrategiesMore Info
949-727-9011

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Michael WaltersTranzon Asset StrategiesMore Info
949-727-9011

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