1077-1079 Border Ave.

Corona, CA

Status:

Sold

Close of Escrow: 05/14/2015

Market Time: 2 Months

Total Number of Units: 7

Year Built: 1990

Sale Price: $1,450,000

Price per Unit: $207,143

Price per Square Foot: $170.75

CAP Rate: 5.93%

GRM: 11.19

Downpayment: $435,000

Net Operating Income: $85,949

Rentable Square Feet: 8,492

Lot Size: 0.42 Acres

Unit Type

2Bdr 2.5Bath Townhomes

3Bdr 2.5Bath Townhomes

No. of Units

3

4

The property was constructed in 1990 and provides the investor with seven large townhouse style units comprised of three 2 bedroom 2.5 bathroom units and four 3 bedroom 2.5 bathroom units.