135 Cook St - Apartments FOR SALE


Redlands, CA 92374
$1,225,000 USD
760-497-4132
135 Cook St, Redlands, CA for Sale
$1,225,000 USD
Apartments - FOR SALE
1/19
null | 5.65% Cap Rate

135 Cook St
Redlands, CA 92374


HIGHLIGHTS

  • Property near University of Redlands & Metrolink transit station

OVERVIEW

Prime 4-unit multi-family property in Redlands ready for your magic touch! Close proximity to metro-link station. City of Redlands will allows for 1-2 garage conversions. Each spacious 2-story unit features a 1,056 sq. ft., 2 bedroom,1.5 baths with a small backyard area. Each unit has their own garage with automatic garage door opener, central heat and wall AC units. Property features on site laundry room and paved parking lot with vinyl fencing. Excellent investment for new and seasoned real estate investors. Ideal for 1031 exchange buyers looking to maximize their rental income potential. Do not disturb tenants.

FOR SALE DETAILS

PRICE

$1,225,000 USD

PRICE/SF

$290 USD /SF

# OF UNITS

4

PRICE/UNIT

$306,250

CAP RATE

5.65%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 units - Redlands University

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,763 SF

ZONING

R3, Redlands

APN/PARCEL ID

0170-251-38

ASK ABOUT THIS PROPERTY

Alex AvelarCielo Home Group & CommercialMore Info
760-497-4132

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Alex AvelarCielo Home Group & CommercialMore Info
760-497-4132

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