Riverside Portfolio
Riverside, CA
Magnolia Center
HIGHLIGHTS
- 100% leased, Multi-Family in Desirable City of Riverside, CA.
- +/- 7+% pro-forma cap rate, with rents that are well under market- Enhance income w expansion/ADU.
- Rare 5 Building offering, only one on the market in Riverside.
- Ideal blend of single family and multi-family.
- Easy to finance, low risk investment .
- Established tenants, all current, no vacancy.
OVERVIEW
-Portfolio of 5 income properties.
-Rents well Under Market.
- Portfolio Includes; 6 units, Triplex, 2 houses on lot, Single family
-7428-7438 Magnolia, 5011 Hedrick, 5608 & 5606 Ivanhoe and 4603 - 4607 Jurupa
-Most units are MTM, allowing flexibility and upside
-100% occupancy
-Expansion/ADU potential
-6 Plex $1,600,000, Triplex $945,000, House and ADU $1,125,000, Hedrick (house) $595,000
ASK ABOUT THIS PROPERTY
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714-614-3444
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714-614-3444
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