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716 W Phillips St
Ontario, CA 91762
Multifamily Property For Sale
·
15 Units
Investment Highlights
- Favorable Interest Only Seller Financing Available (contact broker for terms)
- 100% Large 2-Bedroom/2.5-Bathroom Townhomes, Approximately 1,200 SF Per Unit
- Boasts a 4.80% CAP Rate, A Strong CAP Rate for an 1980s Product with 15 Individual Parcels
- Rare Opportunity to Purchase 15 Individually Parceled Townhouse-Style Units Significantly Below Market Pricing
- Exceptional Location – The City of Ontario is the Fastest Growing Community in the Inland Empire
- Great Amenities Offering Ample On-Site Parking, 2-Car Garages for Each Unit, Patios & Balconies, Open Community Space, In-Unit Laundry, and Much More
Property Facts
| No. Units | 15 | Building Size | 17,070 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1984 |
| Building Class | C | Parking Ratio | 2.46/1,000 SF |
| Lot Size | 1.10 AC | ||
| Zoning | R3 - Multi-family residential district | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.10 AC |
| Building Size | 17,070 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1984 |
| Parking Ratio | 2.46/1,000 SF |
| Zoning | R3 - Multi-family residential district |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Oven
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 15 | $2,123 | 1,138 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,198,481 | |
| Land Assessment | $887,161 | Total Assessment | $4,085,642 |
Property Taxes
Parcel Numbers
Land Assessment
$887,161
Improvements Assessment
$3,198,481
Total Assessment
$4,085,642
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