42150 Margoni Way - Multi-Family FOR SALE


Hemet, CA 92544- Outer San Jacinto
$1,500,000 USD
714-308-9634
42150 Margoni Way, Hemet, CA for Sale
$1,500,000 USD
Multi-Family - FOR SALE
1/20
null | 8% Cap Rate

42150 Margoni Way
Hemet, CA 92544
Outer San Jacinto


OVERVIEW

13.5 flat Acres in South Hemet near Estate homes. This buildings on the parcel include a custom home with a 3 bedrooms/2 bathroom, another with 3beds/2baths and a studio 2bed/1bath. The 3 homes and front structures on 4 acres are rented for $10,000/month. There's also a huge metal barn for tools and equipment. Allowing up to 36 units on this site (please see letter from County in Documents). Also possible are larger 1/2 or 1 acre lots (attached)

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

3

PRICE/UNIT

$500,000

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

42150 Margoni Way, Hemet 92544

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments, Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

555-450-007

ASK ABOUT THIS PROPERTY

Naveed ZuberiEvergreen Realty Partners, IncMore Info
714-308-9634

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

Naveed ZuberiEvergreen Realty Partners, IncMore Info
714-308-9634

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