1057 N La Cadena Dr | Colton, CA 92324
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- LoopNet Team
1057 N La Cadena Dr
Colton, CA 92324
Build-to-Rent Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Unit Mix: (4) Oversized 1-Bed/1-Bath Units (Approx. 750 SqFt) - Extra Room With Closet Can Serve as 2nd Bedroom, (2) 1-Bed/1-Bath Units
- Desirable Corner Lot Location | Unique Spanish Style Architecture
- HUGE 60% Upside in Rental Income! | True Value-Add Opportunity!
- Tenants Enjoy (4) Onsite Garages & (6) Onsite Open-Space Parking Spots
- Tenants on 2nd Floor Enjoy Individual Private Balconies
- Current Cap Rate: 4.86% | Current GRM: 12.77 | ProForma Cap Rate: 9.44% | ProForma GRM: 7.97
PROPERTY FACTS
| No. Units | 6 | Property Size | 4,327 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1930 |
| Costar Property Class | B | Parking Allocation | 2.31/1,000 sq ft |
| Total Plot Size | 0.22 ac |
| No. Units | 6 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.22 ac |
| Property Size | 4,327 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built | 1930 |
| Parking Allocation | 2.31/1,000 sq ft |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 0161-184-10 | Improvements Assessment | £553,009 |
| Land Assessment | £138,252 | Total Assessment | £691,262 |
PROPERTY TAXES
Parcel Number
0161-184-10
Land Assessment
£138,252
Improvements Assessment
£553,009
Total Assessment
£691,262
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