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790 Ferrari Ln

Ontario, CA 91764

1 909 294 2593

kris@theapartmentdealer.com

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16 Units in Murrieta

28239 Via Princesa, Murrieta, CA 92563, USA
$2,950,000$184,375/Per Unit

Description

PROPERTY HIGHLIGHTS

EXCELLENT CURRENT RETURN WITH HUGE UPSIDE POTENTIAL FOR AN INVESTOR!

INVESTMENT HIGHLIGHTS
• Comprised of All 2-Bed/2-Bath Units
• Constructed in 1987
• Large 1-Acre Lot
• 43,560 Sq Ft Lot
• Double Automatic Gated Entries
• Secured Onsite Open-Space and Carport Parking
• $184,000 Per Unit
• Current GRM: 11.31 | Current Cap Rate: 4.76%
• Proforma GRM: 9.48 | Proforma Cap Rate: 6.41%
• Tenants Enjoy:
– Onsite Laundry Facility
– Private Patios/Balconies
– Pool and Pool House
• Property Offers an Onsite Manager's Office

  • Address: 28239-28259 Via Princesa
  • City: Murrieta
  • State/county: California
  • Zip/Postal Code: 92563
  • Country: United States

Detail

Updated on September 17, 2020 at 5:18 pm

  • Price: $2,950,000
  • Property Size: 13632 SqFt
  • Land Area: 43560 SqFt
  • Year Built: 1987
  • Property Type: Multi Family
  • Property Status: Under Contract

Additional details

  • # of Units: 16
  • Unit Mix: 16 (2+2)
  • Zoning: R3

Video

WalkScore

walkscore51 / Somewhat Walkable more details here

Contact info

Deepen Shah
Deepen Shah
(909) 294-2603(909) 568-5200
Kristopher German
Kristopher German
(909) 294-2593(909) 645-0443
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