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Listed by: Eric Chen (909) 418-2071 | CB RICHARD ELLIS (909) 418-2000
$29,000,000
3 Beds
- 5 Baths
--sqft
23925 Eucalyptus, Moreno Valley, CA 92553
$29,000,000
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Apartment
Built in 1986
$-- HOA
6.56 acres lot
--/sqft
Description
We are proud to exclusively present North Woods Apartments, a unique 98-unit multifamily community located at 23925 Eucalyptus Avenue, Moreno Valley.
North Woods Apartments is a turnkey asset and a compelling investment offering the potential for strong day one returns. The offering provides a significant financial advantage with an assumable fixed-rate loan in place through 2031, allowing an investor to lock in stable, long-term debt. This is a top producing property with in-place rents already near market value, establishing a strong financial foundation with a current cap rate of 6.04%, a current GRM of 9.76, and a current total cash return of 9.57%.
The property...
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1986
HOA Fees
-
Finished Area
- sqft
Lot Size
6.56 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
CV25261976
MLS Status
Active
Days on Market
18
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