1120 E Holt Blvd - Apartments FOR SALE


Ontario, CA 91761
$10,900,000 USD
310-704-9109
1120 E Holt Blvd, Ontario, CA for Sale
$10,900,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

1120 E Holt Blvd
Ontario, CA 91761


HIGHLIGHTS

  • Potential Tax Credit Property - 10 Years Plus Ownership
  • Existing 10 CAP with Regional Guest
  • NO FRANCHISE FEE or FLAG - Independent
  • Well Maintained Property with Concrete Driveway
  • 1988 Construction
  • No Need to Upgrade/Renovate Building Interiors - 'End Product' at Time of Purchase!

OVERVIEW

IN PLACE POTENTIAL 10 CAP/POTENTIAL TAX CREDITS FOR BUYER! Introducing an Affordable Housing Conversion Opportunity in Ontario, CA. This 20,207 SF building, well maintained with a concrete driveway, houses 65 Rooms, presenting an ideal setup for Affordable Housing. Built in 1988, this property boasts excellent street exposure, offering high visibility and strategic positioning in a path of progress. Its prime location near Ontario Airport and retail establishments underlines its desirability. With the potential for tax credits and a strong foundation for long-term ownership, this property represents a promising venture for investors seeking a lucrative foothold in the vibrant hospitality sector. PLEASE DO NOT DISTURB THE CURRENT MANAGEMENT. ALL SHOWINGS ARE TO BE BY APPOINTMENT AND THROUGH THE LISTING AGENT LUIS VAZQUEZ AT 310-704-9109

FOR SALE DETAILS

PRICE

$10,900,000 USD

PRICE/SF

$539 USD /SF

# OF UNITS

65

PRICE/UNIT

$167,692

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 CAP/Senior/Senior Care/Affordable Living

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

C3, Ontario

APN/PARCEL ID

1049-141-25

ASK ABOUT THIS PROPERTY

Luis VazquezSPERRYMore Info
310-704-9109

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

Luis VazquezSPERRYMore Info
310-704-9109

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