1205 N University St - Apartments FOR SALE


Redlands, CA 92374- North Redlands
$12,495,000 USD
951-267-2912
1205 N University St, Redlands, CA for Sale
$12,495,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

1205 N University St
Redlands, CA 92374
North Redlands


HIGHLIGHTS

  • Approved 147-Unit Apartment Project with Permits RTI
  • Desirable Mix of Studio, 1 BDRM, 2 BDRM Units - All Market Rate
  • Adjacent to the University of Redlands
  • Ownership open to cash offers or JV proposals

OVERVIEW

“The Residence At Casa Loma” provides a unique opportunity to purchase a permit-ready apartment project in an infill location adjacent to the University of Redlands and within a close proximity to Downtown Redlands, major freeways, public transportation, and retail amenities.

FOR SALE DETAILS

PRICE

$12,495,000 USD

PRICE/SF

$100 USD /SF

# OF UNITS

152

PRICE/UNIT

$82,204

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Residence At Casa Loma

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

-

PARKING SPACES

251

LAND DETAILS

LAND ACRES

5.16 AC

LAND SF

224,770 SF

ZONING

R2

APN/PARCEL ID

1212-371-01,1212-371-05,1212-371-06,1212-371-07,1212-371-08,1212-371-09,1212-371-10,1212-371-11,1212-371-12,1212-371-13,1212-371-14,1212-371-15,1212-371-16,1212-371-17,1212-371-18,1212-371-19,1212-371-20

ASK ABOUT THIS PROPERTY

Michael PizzagoniColdwell Banker Commercial SCMore Info
951-267-2912

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Michael PizzagoniColdwell Banker Commercial SCMore Info
951-267-2912

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