926 Edgar Ave | Beaumont, CA 92223
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- LoopNet Team
926 Edgar Ave
Beaumont, CA 92223
6-Cottage Style Units · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- 5.50% Current Cap Rate / All Units are Cottage Style Units - 6 individually metered homes/units.
- ProForma GRM of 9.60 & Current GRM of 11.20
- Individually metered for gas and electric
- Tremendous Upside with a ProForma CAP Rate of 6.26%
- New & improved rooftops / The property was constructed in 1977 & is located on a spacious 0.38-acre lot.
- Covered onsite parking available at the rear of the property
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,500 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1977 |
| Building Class | C | Parking Ratio | 2.67/1,000 SF |
| Lot Size | 0.38 AC | ||
| Zoning | R3, Beaumont - Multiple-Family Residential | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 4,500 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1977 |
| Parking Ratio | 2.67/1,000 SF |
| Zoning | R3, Beaumont - Multiple-Family Residential |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | $1,700 | 750 |
PROPERTY TAXES
| Parcel Number | 415-262-021 | Improvements Assessment | $750,000 |
| Land Assessment | $410,000 | Total Assessment | $1,160,000 |
PROPERTY TAXES
Parcel Number
415-262-021
Land Assessment
$410,000
Improvements Assessment
$750,000
Total Assessment
$1,160,000
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