Riverside Portfolio
Riverside, CA
Wood Streets
HIGHLIGHTS
- 100% leased, Multi-Family in Desirable City of Riverside, CA.
- +/- 5.7 % pro-forma cap rate, with rents that are 20% + under market- Enhance income w Room addition on Triplex .
- Rare 4 Building offering , only on like it on the market in Riverside.
- Ideal blend of single family and Triplex.
- Easy to finance, low risk investment .
- Established tenants, all current, no vacancy.
OVERVIEW
-Portfolio of 4 income properties.
-Rents are well + Under Market.
- Portfolio Includes triplex, 2 houses and a new ADU ( 3 bed 2 bath)
-5011 Hedrick, 5608 & 5606 Ivanhoe and 4603 - 4607 Jurupa.
-All three properties are fully occupied with tenants on month-to-month leases.
-Triplex; add a bedroom and enhance income; Pro Form 5.65% cap rate
-Triplex $970,000, Price reduced! Rent increases in September
-Individual property prices: Triplex $970,000. Ivanhoe $565,000. Hedrick $585,000. ADU (Ivanhoe) $585,000.
ASK ABOUT THIS PROPERTY
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714-614-3444
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714-614-3444
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