Stobbs Way Portfolio FOR SALE


Jurupa Valley, CA
$8,000,000 USD
909-800-6004
, Jurupa Valley, CA for Sale
$8,000,000 USD
FOR SALE
1/14
null | 4.8% Cap Rate

Stobbs Way Portfolio
Jurupa Valley, CA


HIGHLIGHTS

  • Improvements include: new roof(2021), parking lot slurry-coated and re-striped (2025), upgraded parking lot lighting
  • Energy-efficient apartment windows installed
  • Future landscaping and electrical updates have been planned.

OVERVIEW

Property Overview Total Building Size: ±18,444 SF Total Land Area: ±1.75 Acres Proforma Cap Rate: 8.3% Multifamily Component 36 Studio Apartments (3 single-story buildings) Occupancy: 92% (33 of 36 units leased) Average Current Rent: ~$1,169/month Proforma Market Rent: ~$1,445/month Rental Upside: ~31% Affordable entry-level housing in high-demand Inland Empire market Retail/Office Building Size: ±7,644 SF (two-story) Configuration: 4 retail units (ground floor) + 6 office units (second floor) Occupancy: 79% leased Diversified tenant mix (medical, salon, office, service users) Opportunity to restructure leases and increase cash flow Vacant Land (Development Opportunity) Size: ±0.60 Acres (±26,135 SF buildable) Zoned for broad commercial uses (QSR, retail, drive-thru, car wash, etc.) Adjacent to Mission Village Shopping Center Traffic Counts: Mission Blvd: ~20,000–26,000 CPD SR-60: ~168,000–173,000 CPD Pricing & Financial Summary Total Offering Price: $8,000,000 Retail/Office + Apartments: $7,200,000 Vacant Land: $800,000 Current NOI: $384,292 Proforma NOI: $598,584 Total Operating Expenses: $211,075

ASK ABOUT THIS PROPERTY

Frank VoraLee & AssociatesMore Info
909-800-6004

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Frank VoraLee & AssociatesMore Info
909-800-6004

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