222 S. Eureka Ave
Redlands, CA
Status:
Sold
Close of Escrow: 02/21/2014
Total Number of Units: 7
Year Built: 1895/2012
Sale Price: $650,000
Price per Unit: $92,857
Price per Square Foot: $170.51
CAP Rate: 6.39%
GRM: 8.92
Downpayment: $325,000
Net Operating Income: $41,542
Rentable Square Feet: 3,812
Lot Size: 0.1607 Acres
Unit Type
1Bdr 1Bath
1Bdr 1Bath Den
2Bdr 1Bath
No. of Units
3
1
3
The property located in the desirable submarket of Redlands provides the investor with 4 one-bedroom apartments and 4 two-bedroom apartments.