23285 CA-243 - Apartments FOR SALE


Idyllwild, CA 92549
$1,100,000 USD
951-500-6140
23285 CA-243, Idyllwild, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/11
null | 4.5% Cap Rate

23285 CA-243
Idyllwild, CA 92549


HIGHLIGHTS

  • Easy to rent units
  • Below Market Rents, Room for growth
  • Minimal owner maintenance

OVERVIEW

Excellent investment opportunity to own an income producing property with five units. Head down Highway 243 just 9.5 miles northwest of Idyllwild and you'll come across the Indian Vista Scenic Overlook. The overlook is open year-round and offers magnificent views for hundreds of miles. You may also spot some local wildlife, such as red-tailed hawks and a variety of lizards. There is great shopping, eating, hiking, and outdoor activities with the scenic backdrop of the San Jacinto Mountains.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$385 USD /SF

# OF UNITS

5

PRICE/UNIT

$220,000

CAP RATE

4.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CPS

APN/PARCEL ID

559-157-014

ASK ABOUT THIS PROPERTY

Shane StewartIdyllwild RealtyMore Info
951-500-6140

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

Shane StewartIdyllwild RealtyMore Info
951-500-6140

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