1100 N Orange St | Riverside, CA 92501
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1100 N Orange St
Riverside, CA 92501
Springbrook Park Apartments · Multifamily Property For Sale
·
120 Units
Investment Highlights
- Well-Located Asset in High-Demand Market: Acquire a 120-unit multifamily property exceptionally well-positioned within the thriving Inland Empire
- Value-Add Opportunity with Continued Renovations: This well-maintained, two-story property on 6.79 acres offers significant value-add potential
- Significant Rental Upside Potential: Benefit from a projected 41% upside in rental income, promising an attractive future return on investment
- Desirable Unit Mix & Amenities: The property offers a desirable mix of one, two, and three-bedroom units with upgraded interior amenities
- Immediate Income Stream: The property currently generates $184,854 in monthly income, offering investors in-place cash flow
- Proximity to Major Employment & Education: Located in Riverside, a city with a dynamic economy supported by key sectors like healthcare & retail
Property Facts
| No. Units | 120 | Building Size | 117,840 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1971 |
| Apartment Style | Garden | Parking Ratio | 1.7/1,000 SF |
| Building Class | C | Cross Streets | Nash St. |
| Lot Size | 6.79 AC | ||
| Zoning | R1 - Multi-Family | ||
| No. Units | 120 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.79 AC |
| Building Size | 117,840 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.7/1,000 SF |
| Cross Streets | Nash St. |
| Zoning | R1 - Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Handrails
- Recreation Room
- Trash Compactor
- Vinyl Flooring
- Warming Drawer
- Wheelchair Accessible (Rooms)
- Window Coverings
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Laundry Facilities
- Playground
- Property Manager on Site
- Tenant Controlled HVAC
- Recycling
- Renters Insurance Program
- Storage Space
- Bicycle Storage
- Hearing Impaired Accessible
- Maintenance on site
- Multi Use Room
- Online Services
- Vision Impaired Accessible
- Public Transportation
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 40 | $1,220 | 880 |
| 2+1 | 40 | $1,563 | 967 |
| 3+2 | 40 | $1,710 | 1,100 |
Property Taxes
| Parcel Number | 206-080-014 | Improvements Assessment | $2,486,166 |
| Land Assessment | $578,567 | Total Assessment | $3,064,733 |
Property Taxes
Parcel Number
206-080-014
Land Assessment
$578,567
Improvements Assessment
$2,486,166
Total Assessment
$3,064,733
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
