Remarks

Welcome to an exceptional investment opportunity presented by C21 Citrus – a prestigious three-story townhome/condo-style apartment complex designed with the savvy investor in mind. Each unit was originally planned as an independent townhome or condo, equipped with separate meters, allowing for the potential of individual resale in the future, adding flexibility to your investment portfolio.

Situated in an advantageous location, this complex offers proximity to the thriving Loma Linda University and hospital! The "HUB" Shopping Center, which houses prominent retailers such as Sam's Club, dining destinations like In-N-Out, BJ's Restaurant & Brewhouse, El Pollo Loco, and essential banking facilities.

The units themselves are expertly designed, each offering two spacious master bedrooms and two and a half baths, accompanied by a private balcony, adding to their desirability among tenants. Central HVAC and heating systems ensure year-round comfort, with the convenience of an oversized 2 car garage with laundry facilities.

Ample parking options are available for both residents and their guests, simplifying the parking for your Tenants and guests.

These meticulously maintained units, now completely updated and ready for occupancy, boast exceptional curb appeal and are located in a rental-friendly area known for its array of amenities. The complex, constructed in 2016 minimizes your maintenance costs, offering a secure investment option.

In addition to these attractive features, consider the robust demographics within a 2-mile radius, with an average household income of approximately $80,285. This area is a magnet for renters especially from the University, Loma Linda and VA hospital in close proximity!

Monthly rental rates currently average around $2,600 per unit, ensuring strong and consistent cash flow. Easy to rent to Dr's, Nurses on "travelingnursehousing.com or Furnishedfinder.com" for top rental income and quickly! Furthermore, all five units are equipped with brand-new stove/oven combos, microwaves, and dishwashers, reducing maintenance and upkeep costs.

This complex isn't just an investment; it's a strategic venture that combines luxury and practicality. The units are completely updated and ready for a the discerning investor looking to expand their multi-family portfolio. Don't miss this opportunity!

Details

MLS#: CV23194312
Price: $3,000,000

Sq Ft: 6255.00
Year Built: 2016

County: San Bernardino