Link to Doc Ctr: https://properties.berkadia.com/amber-court-properties-492804/ Berkadia is excited to exclusively offer a fantastic value-add opportunity in So Cal with tremendous upside and no city rent control! There are 38 total units in a highly desirable Upland location, minutes to Historic Downtown Upland. The opportunity is attractively priced at a going in cap rate of 5.5%; market cap rate of 6.7% (at conservative projected rents); $219 per square foot; and $286,842 per unit. The apartments are spacious, “house-like” units averaging over 1,200 square feet (12 townhomes). 249 Amber Court has new electrical panels (2023) and a new roof (2025). 289 Amber Court has new electrical panels (2023). Comprised of two adjacent buildings (249 Amber Court: 22 units and 289 Amber Court: 16 units), the properties are walking distance to neighborhood amenities such as CVS, Vons, Starbucks, Lucky Strike, Sprouts and more. Downtown Upland and the Upland Metrolink station are 6 minutes from the properties and Claremont Colleges are a short drive up Foothill Boulevard.