12250 Bryant St - Apartments FOR SALE


Yucaipa, CA 92399
$1,075,000 USD
951-375-7433
12250 Bryant St, Yucaipa, CA for Sale
$1,075,000 USD
Apartments - FOR SALE
1/9
null | 9.05% Cap Rate

12250 Bryant St
Yucaipa, CA 92399


HIGHLIGHTS

  • FOUR 2 BEDROOM 2 BATH UNITS WITH 1 CAR GARAGES FOR EACH UNIT!!
  • 9.29% CAP RATE AT MARKET RENTS
  • 19.20% CASH ON CASH!!

OVERVIEW

This is a nice 4Plex in the beautiful area of Yucaipa. Yucaipa is known as one of the nicest areas of the Inland Empire with low crime and a high pride of ownership. WE WENT INTO ESCROW ON FIRST DAY OF MARKETING FOR 60 DAYS, BUT BUYER COULDN'T PERFORM!!! OWNER WILL CARRY WITH 35%-40% DOWN! CALL FOR DETAILS! These units consist of four 2 bedrooms, 2 baths, and each unit has it's own 1 car garage. Each unit is separately metered with gas & electric, and tenants sign up for and pay for their own gas & electric bill. Landlord pays water and trash. This complex really performs. At market rents, we're putting out $114,240 annual gross income, a 9.05 Gross Rent Multiplier, a 9.05% Cap Rate, and a robust double digit 19.20% Cash on Cash!! For all income, expense, and return information, please see Marketing Package attached. ACTUAL RENTS ARE LOW BUT THEY ARE MONTH TO MONTH. TENANT'S CAN CONSENT TO PAYING MARKET RENTS. RECENT YUCAIPA 4PLEX SALE COMP!! A 4Plex, a few blocks away at 35162 Avenue E, SOLD FOR $1,150,000!!! It consisted of: Two 1 beds, 1 baths, Two 3 beds, 2 baths, We are a superior bed/bath mix of four 2 beds 2 baths, AND WE ARE ASKING $75,000 LESS!!! SEE THIS SALE COMP IN MARKETING PACKAGE ATTACHED !!!

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$296 USD /SF

# OF UNITS

4

PRICE/UNIT

$268,750

CAP RATE

9.05%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

YUCAIPA 4PLEX, 9.05% CAP RATE

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,982 SF

ZONING

-

APN/PARCEL ID

0319-083-14

ASK ABOUT THIS PROPERTY

Tony BurtonBurton RealtyMore Info
951-375-7433

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Tony BurtonBurton RealtyMore Info
951-375-7433

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