4241 University Avenue

Riverside, CA

Status:

Sold

Close of Escrow: 05/16/2006

Market Time: 55 Days

Activity ID: N0080056

Total Number of Units: 5

Year Built: 1950

Sale Price: $400,000

Price per Unit: $80,000

Price per Square Foot: $127.59

CAP Rate: 3.80%

GRM: 12.64

Downpayment: $80,000 (20%)

Net Operating Income: $15,187

Rentable Square Feet: 3,135

Lot Size: 0.18 Acres

Unit Type

1Bdr 1Bath Non-Conforming

1Bdr 1Bath

No. of Units

1

3

The subject property is a 5-unit apartment property comprised of five 2 bedroom, 1 bath units; one is a non conforming unit.