5 Condo Moreno Valley Portfolio Multi-Family FOR SALE


Moreno Valley, CA - Moreno Valley West
$2,125,000 USD
310-259-7556
, Moreno Valley, CA for Sale
$2,125,000 USD
Multi-Family - FOR SALE
1/6
null | 5.01% Cap Rate

5 Condo Moreno Valley Portfolio
Moreno Valley, CA
Moreno Valley West


HIGHLIGHTS

  • All 5 Condos are 3 Bedrooms with an attached two car garage
  • 5.01% Cap Rate & 12.62 GRM on newer construction (2006-2008 yr built)
  • Iris Ave HOA Amenities: 35-Acre Lake, Recreation Center, Community Pool, Gated entrance/exit, BBQ Area, Picnic Area, Playground
  • Lasselle St HOA Amenities: Playground, Paseos, Picnic Area, BBQ Area, Gated entrance/exit

OVERVIEW

Do not Disturb Tenants!! Rare opportunity to own five individual condominiums built between 2006-2008, offered together as a unique portfolio. Each condominium has 3 bedrooms with open floor plans, in-unit laundry, HOA Amenities, Central Air/Heat, & two-car garages. The newer construction offers updated systems & energy-efficient features. All properties are in gated communities. 5.01% Cap Rate, 12.62 GRM, $271/sqft. Perfect for investors looking for newer construction, cash-flow, & potential to sell units individually in the future. See attached OM for additional information. See showing remarks for links to virtual tours of all units! -- 26287 Iris Ave #E (APN: 308612036) -- 26335 Iris Ave #D (APN: 308612065) -- 26279 Iris Ave #E (APN: 308612005) -- 15661 Lasselle St #84 (APN: 486562031) -- 15611 Lasselle St #21 (APN: 486561023)

ASK ABOUT THIS PROPERTY

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

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Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

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