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.