655 E Williams St | Banning, CA 92220
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655 E Williams St
Banning, CA 92220
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- * Over 20% Rental Upside
- * 5.83% Current Cap Rate / 7.59% Proforma Cap Rate
- * In-Unit Washer/Dryer Hook-ups / Private Backyards / Newer Windows
- * Well Maintained Single Story Cottages / Pride of Ownership
- * Zero Tenant Turnover for Over Two Years
- * Individually Metered for Gas, Electricity & Trash
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.60 AC |
| Property Type | Multifamily | Building Size | 6,950 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 1951 |
| Zoning | R3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 6,950 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1951 |
| Zoning | R3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $1,015 | 600 |
| 2+1 | 6 | $1,334 | 800 |
| 3+2 | 1 | $1,650 | 1,550 |
PROPERTY TAXES
| Parcel Number | 541-110-012 | Improvements Assessment | $443,306 |
| Land Assessment | $172,392 | Total Assessment | $615,698 |
PROPERTY TAXES
Parcel Number
541-110-012
Land Assessment
$172,392
Improvements Assessment
$443,306
Total Assessment
$615,698
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