7467,7471-93 Potomac Street
Riverside, CA
Status:
Sold
Close of Escrow: 11/09/2007
Market Time: 74 Days
Activity ID: O0080231
Total Number of Units: 20
Year Built: 1954
Sale Price: $1,575,000
Price per Unit: $78,750
Price per Square Foot: $127.02
CAP Rate: 6.36%
GRM: 8.93
Downpayment: $1,575,000 (100%)
Net Operating Income: $100,110
Rentable Square Feet: 12,400
Lot Size: 0.52 Acres
Unit Type
Studio
1Bdr 1Bath
No. of Units
4
16
The subject property is made up of two 6 unit and one 12 unit apartment complex situated on three parcels in which the two 6 unit properties are connected. The property is comprised of four studio, 1 bath, and sixteen 1 bedroom, 1 bath units.
