8424 Cypress Avenue, Fontana, CA 92335

$5,875,000
List Price
$5,875,000
Price Change
▼ $124,950 1616841362
Status
ACTIVE
MLS#
IV21030873
Year Built
2018
Lot Size
54,739
Acres
1.26
Lot Location
Item1115UnitsAcre
Days on Market
36
Property Type
Multifamily

Property Description

Excellent investment opportunity, 3 years old apartment complex contains 15 units with steady income and fix expenses since it was built and completed on December 2018, Hard to find similar income property in the market, it is located in an area with high rental demand and has been 100% leased since it was built with zero vacancy factor, a state of the art complex with a lot of upgrades included, easy to manage, potential for higher income every year.

Additional Information

Pool Description
None
Garage Spaces Total
30
Sewer
Public Sewer
Water
Public
Number Of Units Total
15
Gross Scheduled Income
$345,900
Operating Expense
105903

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of SHAREEF AWAD from EMAAR ENTERPRISE

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.