Courtyard Apartments
10036 Gould Street • Riverside, CA
Status:
Sold
Close of Escrow: 07/12/2012
Market Time: 14 Days
Activity ID: T0080102
Total Number of Units: 36
Year Built: 1987
Sale Price: $2,500,000
Price per Unit: $69,444
Price per Square Foot: $101.01
CAP Rate: 7.83%
GRM: 7
Downpayment: $1,250,000 (50%)
Net Operating Income: $195,839
Rentable Square Feet: 24,750
Lot Size: 1.29 Acres
Unit Type
1Bdr 1Bath
2Bdr 2Bath
No. of Units
18
18
The property was constructed in 1987 and provides the investor with an excellent unit mix of 18 one-bedroom and 18 two-bedroom apartments.
