1250 S Perris Blvd

Perris, CA

Status:

Sold

Close of Escrow: 12/17/2013

Total Number of Units: 24

Year Built: 1979

Sale Price: $1,575,000

Price per Unit: $65,625

Price per Square Foot: $87.50

CAP Rate: 6.90%

Downpayment: $708,750 (35%)

Net Operating Income: $108,690

Rentable Square Feet: 18,000

Lot Size: 0.67 Acres

Unit Type

1Bdr 1Bath

2Bdr 1Bath

No. of Units

4

20

The property was constructed in 1979 and provides the investor with 4 one-bedroom apartments and 20 two-bedroom apartments.