The Riverbrook Apartments
1970 7th Street – Riverside, CA
Status:
Sold
Close of Escrow: 06/26/2013
Total Number of Units: 81
Year Built: 1979
Sale Price: $3,100,000
Price per Unit: $38,271
Price per Square Foot: $103.67
CAP Rate: 5.09%
GRM: 6.07
Downpayment: $3,100,000 (100%)
Net Operating Income: $157,884
Rentable Square Feet: 29,900
Lot Size: 1.05 Acres
Unit Type
Studio 1Bath
1Bdr 1Bath
No. of Units
45
36
The property was constructed in 1979 and provides the investor with 81 units.
