Magnolia Apartments

11383 Magnolia Avenue • Riverside, CA

Status:

Sold

Close of Escrow: 05/04/2007

Market Time: 5 Days

Activity ID: O0080108

Total Number of Units: 46

Year Built: 1985

Sale Price: $5,060,000

Price per Unit: $110,000

Price per Square Foot: $138.63

CAP Rate: 4.92%

GRM: 11.48

Downpayment: $1,760,000 (35%)

Net Operating Income: $249,055

Rentable Square Feet: 36,500

Lot Size: 1.72 Acres

Unit Type

1Bdr 1Bath

2Bdr 2Bath

No. of Units

26

20

The Magnolia Apartments located in Riverside, California.