716 W Phillips St - Apartments FOR SALE


Ontario, CA 91762
$5,850,000 USD
818-433-0548
716 W Phillips St, Ontario, CA for Sale
$5,850,000 USD
Apartments - FOR SALE
1/32
null | 4.24% Cap Rate

716 W Phillips St
Ontario, CA 91762


OVERVIEW

Presenting a prime investment opportunity in Ontario, CA, this impressive multifamily property boasts a 17,070 SF building with 15 units, offering significant potential for a prospective Multifamily / Low-Rise/Garden investor. Built in 1984, the property's enduring charm is matched by its exceptional 100% occupancy rate, highlighting its desirability and income-generating potential. With a strategic location in the heart of Ontario, investors will appreciate the strong appeal of this property within the thriving local market. Don't miss the chance to capitalize on this turnkey investment with a successful track record and promising future prospects.

FOR SALE DETAILS

PRICE

$5,850,000 USD

PRICE/SF

$343 USD /SF

# OF UNITS

15

PRICE/UNIT

$390,000

CAP RATE

4.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

R3

APN/PARCEL ID

1049-583-55,1049-583-56,1049-583-57,1049-583-58,1049-583-59,1049-583-60,1049-583-62,1049-583-64,1049-583-67,1049-583-68,1049-583-69,1049-583-72

ASK ABOUT THIS PROPERTY

Karl MarkarianeXp CommercialMore Info
818-433-0548

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Karl MarkarianeXp CommercialMore Info
818-433-0548

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