$2,100,000
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22869 Adrienne Avenue Moreno Valley, CA 92553
Apartment
Residence
Beds
Baths
10,000
Sq. Ft.
0.32
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
22869-22877 Adrienne Ave. Well maintained 12 units with center courtyard. Located in great rental area. Always rented and always full. Excellent unix mix of one, two, and three bedrooms. 4.89% cap rate on existing rents. Gated parking in the rear of the property. Seller increasing rents to bring 202...5 income to $147,092 and cap rate to 5.2%. One 3 bedroom unit rented to the on-site manager at a reduced rate. Proforma income of $156,692 could be obtained by self-managing property. Close to Cottonwood Golf Center, 99 Cents Store, TJ Maxx, BJ's Restaurant, Chili Grill, Ross, Banks and Moreno Valley Mall.
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MLS#
PW24239554
Property Type
Apartment
Status
Year Built
1971
Square Feet
10,000
sq. ft
Lot Size
0.32
Stories
2.0
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