703 Allegheny Ave - Apartments FOR SALE


Beaumont, CA 92223
$11,995,000 USD
714-337-8405
703 Allegheny Ave, Beaumont, CA for Sale
$11,995,000 USD
Apartments - FOR SALE
1/42
null | 5.68% Cap Rate

703 Allegheny Ave
Beaumont, CA 92223


HIGHLIGHTS

  • Features 100% two and three bedroom townhouse units.
  • Connecting two and three car garages.
  • Built as a condominium complex with each unit situated on its own tax assessor parcel.
  • The property is well managed on-site.
  • Excellent tenant profile.
  • Features a sparkling pool.

OVERVIEW

PROPERTY HIGHLIGHTS • 100% 3 & 2 bedroom townhouse units • Connecting 3 & 2 car garages • Built in 2008 as condominiums (individual parcels) • Well managed with on-site management & excellent tenant profile • Sparkling pool, spa, playground & BBQ area • Priced below replacement cost at under $186 per foot • Spacious units offering 3 different floor plans • Average of ±1,606 square foot units • Central AC/heat & individual hot water heaters • Large ±2.45 Acre parcel • ±1 mile with easy access to the I-10 freeway

FOR SALE DETAILS

PRICE

$11,995,000 USD

PRICE/SF

$187 USD /SF

# OF UNITS

40

PRICE/UNIT

$299,875

CAP RATE

5.68%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tuscany Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2008

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.45 AC

LAND SF

106,722 SF

ZONING

R3

APN/PARCEL ID

419-161-041

ASK ABOUT THIS PROPERTY

Jonathan MitchellKidder MathewsMore Info
714-337-8405

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

Jonathan MitchellKidder MathewsMore Info
714-337-8405

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