SBC Global
Listed by SBC Global
$2,275,000
21840 Cottonwood
Details
APN 263-170-004,263-170-003,263-170-006,263-170-007
Property Type Multifamily
Sub Type Apartment Building
Square Footage 864
Units 6
NOI $90,000
Tenancy Multi
Price per SqFt $2,633
Year Built 1976
Buildings 3
Stories 1
Acreage 5.990
Zoning Assessor
Multifamily | 6 Units
Marketing description
There are total 4 parcels as follow 263-170-004,263-170-003,263-170-006,263-170-007 total almost 6 acres of land .One Parcel is zoned r-15 can buils upto 15-16 apartments REST it is r-3 3 houses +3 adu per acre total development will be 15 houses and 15 adu+16 aprtments.Please confirm with city. At present there are 6 units total income $10000 per month . Triplex 2 3bd 1 BA unit and 1 2bd 1BA and 1 duplex 2bd 1 BA and one single family homes 2bd 1 BA. 3bd 1 BA unit performa rent to be minimum $2600 per month and 2 bd shold be minimum $2200 per month so gross rent should be $14000 per month . Make offers. Great potential property walking distance to mall and shopping,close to freeway 215 and 60 fwy. .Price reduced $125000.Make offers.Brand new roof ,new flooring ,new kitchen cabinets installed. 6 units on 6 acres with potential to add more units and houses.Great great potential property.
Listing Contacts
SBC Global
Listed by SBC Global
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$90,000.00
$7,500.00/mo
Valuation Metrics
0
DSCR
3.96%
Cap Rate
3.96%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
