9223 Cypress Ave - Apartments FOR SALE


Fontana, CA 92335
$6,600,000 USD
909-418-2071
9223 Cypress Ave, Fontana, CA for Sale
$6,600,000 USD
Apartments - FOR SALE
1/64
null | 5.05% Cap Rate

9223 Cypress Ave
Fontana, CA 92335


HIGHLIGHTS

  • Premium Asset: Brand New Construction, Townhouse Development in Desirable Inland Empire Location
  • Prime Income-Producing Property: Great Long-Term Investment with Non-Rent-Controlled Units, Minimal Maintenance, and at 5.05% Cap Rate on Current Rent
  • Luxurious Unit Amenities: Attached Garages for Select Units, Modern Waterproof Plank Flooring, In-Unit Washer & Dryer, Stainless Steel Appliances
  • Excellent Unit Mix: Featuring: Bi – Level Spacious 2B/1.5B TH, & 3B/2.5B TH | Average Unit Size of 1,205 Square Feet
  • Desirable Fontana Community: Prime Location with Growing Demand for High-Quality Housing, Fontana offers accessible transportation, diverse shopping,
  • Convenient Access to Highways 210 and 60, providing seamless connections to LA, Riverside, and San Bernardino County

OVERVIEW

CBRE, Inc., as exclusive advisor, is pleased to present the unique opportunity to acquire 9223 Cypress Ave, strategically located in Fontana, California. This brand-new 14-unit townhome development offers investors the chance to capitalize on the strong demand for high-quality housing in the Inland Empire while generating stable and attractive returns at a 5.05% CAP rate. The development is situated on ±38,160 square feet of land, with a total building area of ±21,866 square feet. Conveniently located near major highways, retail centers, and employment hubs, the property provides easy access to Interstate 10, Interstate 15, and State Route 210, ensuring seamless connectivity throughout the Inland Empire and Greater Los Angeles region. 9223 Cypress Ave comprises 14 townhome-style units with a mix of 2-bedroom/1.5-bathroom and 3-bedroom/2.5-bathroom floor plans. The modern, newly constructed residences feature high-end finishes, open-concept living areas, and private garages. Each unit is thoughtfully designed to include spacious layouts, contemporary kitchens, and in-unit laundry. Select units offer private patios or balconies, enhancing the overall living experience. Additionally, the community’s common area features include, a beautiful garden courtyard and picnic area for tenant enjoyment. Fontana is a thriving and rapidly growing city, known for its strong rental market, employment opportunities, and excellent access to transportation. The property benefits from its proximity to major retail centers, dining, parks, and recreational amenities, as well as key employment hubs such as the Inland Empire Logistics Centers and Kaiser Permanente Fontana Medical Center. The Fontana area’s demand for quality rental housing, combined with the property’s high quality construction and prime location, makes 9223 Cypress Ave an exceptional investment opportunity. This offering presents a rare chance to acquire a newly built, income-producing asset in one of Southern California’s most dynamic rental markets. Whether for a first-time purchaser, seasoned investor, or 1031 exchange buyer, 9223 Cypress Ave provides long-term stability and growth potential in an area with strong economic and demographic fundamentals.

FOR SALE DETAILS

PRICE

$6,600,000 USD

PRICE/SF

$396 USD /SF

# OF UNITS

14

PRICE/UNIT

$471,429

CAP RATE

5.05%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,160 SF

ZONING

-

APN/PARCEL ID

0193-101-59,0193-101-63

ASK ABOUT THIS PROPERTY

Eric ChenCBRE, Inc.More Info
909-418-2071

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Eric ChenCBRE, Inc.More Info
909-418-2071

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