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Quail Creek Apartments 3131 Arlington Ave 156 Unit Apartment Building For Sale Riverside, CA 92506
Executive Summary
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A predominantly single-story garden community in Riverside's established Victoria neighborhood — durable in-place cash
flow, proven leasing momentum, and a clear mark-to-market path with below market rents compared to nearby apartment communities.
A predominantly single-story garden community in Riverside's established Victoria neighborhood — durable in-place cash
flow, proven leasing momentum, and a clear mark-to-market path with below market rents compared to nearby apartment communities.
Property Facts
| Sale Type | Investment | Lot Size | 8.53 AC |
| No. Units | 156 | Building Size | 124,800 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1978 |
| Building Class | C | Parking Ratio | 0.64/1,000 SF |
| Zoning | R3 | ||
| Sale Type | Investment |
| No. Units | 156 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 8.53 AC |
| Building Size | 124,800 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 1978 |
| Parking Ratio | 0.64/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Clubhouse
- Courtyard
- Laundry Facilities
- Pool
- Tenant Controlled HVAC
- Tennis Court
- Waterfront
- Grill
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 36 | - | 470 |
| 1+1 | 59 | - | 670 |
| 2+1 | 61 | - | 950 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 223-290-004 | Improvements Assessment | $5,783,549 |
| Land Assessment | $759,541 | Total Assessment | $6,543,090 |
Property Taxes
Parcel Number
223-290-004
Land Assessment
$759,541
Improvements Assessment
$5,783,549
Total Assessment
$6,543,090
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