NEW TO MARKET! 22 Units in the heart of Riverside! High occupancy always & would be a great addition to any portfolio. This complex has a great cash flow, and huge upside. The entire site just had a nice face lift- including new exterior paint, new blacktop, and parking lot & fire lane re-striping. It has 6 separate buildings along with a mix of garage car ports and uncovered parking. With the recent upgrades this property is well on its way to becoming a top rent collector in the area. The Rancho Apartments features a huge 3bd 2ba manager's suite, (20) 2bd 1ba, and a (1) 1bd 1ba. These buildings could be a great candidate for public housing, treatment center, or just keep collecting the income it already produces month after month. All 22 units are combined on 2 separate APN's
Investment summary located in listing supplements
STANDARD SALE Great opportunity!!! Well maintained, hard to find one story duplex in a desirable City of Riverside. Seller very motivated. Won't last at this great price. Rent one, live in the other. Front unit has 2 bedrooms / 1 bath, Back unit has 2 bedrooms / 1 bath. Ceiling Fans, Iron Fence, New Carpet, backyard, big driveway. Close to Parkview Community hospital, Walmart, Food for Less, restaurants, parks, shoppings, churches etc. etc. etc.
Age: Over 50 Years Old
Amenities: Ceiling Fan, Security System, Security System
GREAT INVESTMENT PROPERTY. COMPLETELY LEASED. 3 ONE BEDROOM ONE BATH UNITS AND 1 TWO BEDROOM ONE BATH UNIT. ALL HAVE A ONE CAR GARAGE. CONVENIENTLY LOCATED TO SHOPPING,FWYS, AND COMMUNITY PARK. DO NOT DISTURB TENANTS OR ENTER PROPERTY. CALL FOR INFORMATION.
Great Investment opportunity!!!! Duplex! 2 units with two bedrooms one bath each. Separate gas and electric meters. Washer hook ups in each unit. two dryer hook ups in the garage. single story. 2 car garage. Live in one, rent the other or rent both for income/investment.