Apartment Buildings /CA /Riverside County /Banning /655 E Williams St
Apartment Buildings /CA /Riverside County /Banning /655 E Williams St

655 E Williams St - Apartments FOR SALE


Banning, CA 92220 | 
$1,475,000 USD
626-695-6776
655 E Williams St, Banning, CA for Sale
$1,475,000 USD
Apartments - FOR SALE
1/6
null | 5.83% Cap Rate
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655 E Williams St
Banning, CA 92220

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HIGHLIGHTS

  • * Over 20% Rental Upside
  • * Well Maintained Single Story Cottages / Pride of Ownership
  • * 5.83% Current Cap Rate / 7.59% Proforma Cap Rate
  • * Zero Tenant Turnover for Over Two Years
  • In-Unit Washer/Dryer Hook-ups / Private Backyards / Newer Windows
  • Individually Metered for Gas, Electricity & Trash

OVERVIEW

Call or Email for Offering Memorandum.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$211 USD /SF

# OF UNITS

8

PRICE/UNIT

$184,375

CAP RATE

5.83%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,319 SF

ZONING

R3

APN/PARCEL ID

541-110-012

ASK ABOUT THIS PROPERTY

Douglas McCauleyMarcus & MillichapMore Info
626-695-6776

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Douglas McCauleyMarcus & MillichapMore Info
626-695-6776

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