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23925-23967 Eucalyptus Ave
Moreno Valley, CA 92553
North Woods Apartments · Multifamily Property For Sale
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98 Units
Investment Highlights
- Strong Day 1 Returns: Supported by a Current Cap Rate of 6.04% on In-Place Rents and Current Total Cash Return of 9.57%
- Desirable Unit Mix: Consists of Studio, One-Bedroom, and Majority Two-Bedroom Units
- Common Area Amenities: Pool, Laundry Facilities, Night Patrol, Gated Community, and Garage or Carport Parking
- Assumable Fannie Mae Loan at 3.78% through 2031: Offers Favorable Long-Term Financing Security and Stability
- Large 28-Building Single Story Asset on 6.5 Acres: Property Size Includes 28 Buildings on an Expansive 285,754 SF Lot
- Unit Amenities: Spacious Backyard/Patio, Large Closets, Hardwood Floors, Fireplace, Central Air and Heat, Range, Garbage Disposal, Microwave, etc.
Property Facts
| No. Units | 98 | Building Size | 77,203 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1986 |
| Building Class | C | Parking Ratio | 2.16/1,000 SF |
| Lot Size | 6.56 AC | ||
| Zoning | R5 - Multiple Dwelling | ||
| No. Units | 98 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.56 AC |
| Building Size | 77,203 SF |
| Average Occupancy | 88% |
| No. Stories | 1 |
| Year Built | 1986 |
| Parking Ratio | 2.16/1,000 SF |
| Zoning | R5 - Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Storage Space
- Heating
- Vaulted Ceiling
- Refrigerator
- Range
- Walk-In Closets
- Carpet
- Yard
- Patio
- Window Coverings
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Spa
- Gated
- Grill
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 15 | $1,707 | 350 - 450 |
| 1+1 | 31 | $2,200 | 686 |
| 2+1.5 | 52 | $2,469 | 951 |
Property Taxes
| Parcel Number | 296-092-031 | Improvements Assessment | $9,806,903 |
| Land Assessment | $2,083,964 | Total Assessment | $11,890,867 |
Property Taxes
Parcel Number
296-092-031
Land Assessment
$2,083,964
Improvements Assessment
$9,806,903
Total Assessment
$11,890,867
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