27205 Main St | Highland, CA 92346
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- LoopNet Team
27205 Main St
Highland, CA 92346
Multifamily Property For Sale
·
5000 Units
INVESTMENT HIGHLIGHTS
- Rare Opportunity to Acquire 6-Units in Highland
- Excellent Unit Mix Featuring Studio, One, Two-and-Three Bedroom Floor Plans | Average Unit Size of 583 Square Feet
- Most Units Have Been Updated with Fresh Paint, New Fixtures & Flooring
- Well-Kept Property Situated on a ±8,667 SF Lot Built in 1950
- Significant Potential for Rental Upside – Opportunity for Approximately 19% Rental Growth to Achieve Market Rents
- Property Features Include: On-Site Laundry, Courtyard, Well-Maintained Mature Landscaping, Surface Vehicle Parking and Ample Street Parking
PROPERTY FACTS
| No. Units | 5000 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 3,494 SF |
| Property Subtype | Apartment | Average Occupancy | 83% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1950 |
| No. Units | 5000 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 3,494 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1950 |
AMENITIES
UNIT AMENITIES
- Ceiling Fans
- Granite Countertops
- Vinyl Flooring
SITE AMENITIES
- Courtyard
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $950.00 | 400 |
| 1+1 | 3 | $1,195 | 500 |
| 2+1 | 1 | $1,500 | 600 |
| 3+2 | 1 | $2,288 | 1,000 |
PROPERTY TAXES
| Parcel Number | 1191-471-51 | Improvements Assessment | $735,000 |
| Land Assessment | $315,000 | Total Assessment | $1,050,000 |
PROPERTY TAXES
Parcel Number
1191-471-51
Land Assessment
$315,000
Improvements Assessment
$735,000
Total Assessment
$1,050,000
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