Property Details
12626 6th St
Yucaipa, CA 92399
- Price
- $1,300,000
- GRM
- GSI
- $477,600
- NOI
- $310
- CAP Rate
- Units
- 32
- Price/unit
- $40,625
- Square Footage
- 25,000
- Price/sqft
- $52
- Lot Size (sqft)
- 84,420
- Year Built
- 1969
Property Description
Generational opportunity to acquire a unique property, with value add potential in a historically high demand rental market. Project consists of 4 existing units (100% Occ.) on 1.938 acres with an approved CUP (55+) to build another 28 units. Full value upon completion is between $5.5M - $6M depending upon rental market at time of completion.
Permits, soils test, and grading plans are already paid for. Great 1031 exchange project to carry out through completion. Inquire for marketing package and plans or by completing the form on this page or calling direct at 909-709-3781.
Unit Composition
| Qty | Bedrooms | Bathrooms |
|---|---|---|
| 10 | 2 Bedroom | 1.5 Bath |
| 22 | 1 Bedroom | 1.5 Bath |