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.