200 Units, Riverside

5618 Titon Ave. & 5590 42 St, Riverside, CA 92509

Multifamily Property For Sale

Price:: $13,500,000
No. Units:: 200
Building Size:: 88,600 SF
Price/Unit:: $67,500
Property Type:: Multifamily
Property Sub-type:: Garden/Low-Rise
Property Use Type:: Investment
Cap Rate:: 7.57%
Gross Rent Multiplier:: 7.92

Occupancy:: 88%
No. Stories:: 2
Year Built:: 1964
Lot Size:: 6.19 AC
APN / Parcel ID:: 181-073-9;181-073-002-0;181-170-002-0;181-170-003-1;181-170-004-2;
Parking Ratio:: 1.05 / 1,000 SF
Listing ID: 18971258
Last Updated: 12 days ago

Description

Garden Estates is a single story apartment home community offering quaint studio and one bedroom floor plans. Located walking distance from schools, shopping, restaurants and accessible to the 60, 91 and 215 freeways. Minutes from downtown Riverside, Jurupa Hills and much more!
Come home to a sparkling pool or enjoy some summertime grilling on our community BBQ’s in a park like setting! Our friendly and professional leasing associates are waiting to accommodate your apartment home needs so stop on by!

Garden Estates is located in the unincorporated community of Rubidoux in Riverside County, and is approximately 1/4 mile south of Flabob Airport Mission Boulevard is a major arterial that connects the area to the rest of Riverside and the Inland Empire via the 60, 91 and 215 Freeways.