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- LoopNet Team
1350 Milburn Ave
Redlands, CA 92373
26-32 Kansas Street · Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 301,828 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1980 |
| Building Class | C | Parking Ratio | 2.15/1,000 SF |
| Lot Size | 5.44 AC | ||
| Zoning | R2 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.44 AC |
| Building Size | 301,828 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 2.15/1,000 SF |
| Zoning | R2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Playground
- Pool
- Property Manager on Site
- Spa
- Tenant Controlled HVAC
- Tennis Court
- Basketball Court
- Grill
- Volleyball Court
- Storage Space
- Maintenance on site
- Online Services
- Sundeck
ABOUT 1350 MILBURN AVE , REDLANDS, CA 92373
4 Units . All 2 Bed 2 Bath . Attached Garages . 100% Occupied 8 Beds / 8 Baths . 3910 Sq. Ft. . Built 1979 Excellent opportunity for the "hands off" type of investor. Historically low vacancy and currently fully occupied. Within the coveted "Brookside Park“ which is made up of 324 Units in 81 Individually owned 4 unit buildings. Exterior/interior modernization works have been continuously conducted over last 5 years. The building offers i) two, 2 bed 2 bath, town home style units with attached garages, laundry hookups and direct access to kitchen and ii) the other two, 2 bed 2 bath, upstairs units with their own garages and community laundry within the building. Professionally managed community in a resort like setting with 6 swimming pools, 3 spas, tennis court and basketball court. Monthly management fee includes insurance, water, trash, grounds keeping (Pools, Tennis-Courts, Spas included), landscaping, and leasing fees. Located in a nice area of Southwest Redlands close to excellent public schools, Loma Linda University Medical Center, the Veterans Hospital, Redlands Community Hospital, University of Redlands and ESRI (One of the largest employers in Redlands).
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 4 | $1,703 | 838 - 1,074 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $25,985,627 | |
| Land Assessment | $6,223,975 | Total Assessment | $32,209,602 |
PROPERTY TAXES
