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1005 Via Zapata
Riverside, CA 92507 Canyon Crest

$55,095,000 USD

Apartments For Sale  •  42,870 SF

Property Details

  • Property Type Apartments
  • Total Building Size 261,080 SF
  • Building Class C
  • Year Built 1974
  • Zoning R-3, Riverside
60 Transit Score
50 Walk Score

Highlights

Tour Dates (By Appointment): Redlands & Riverside - April 14; Upland – April 28 & 30
Rare Opportunity to purchase 210 units in desirable inland empire locations (Redlands, Riverside, and Upland)
Tremendous Value-Add Opportunity same long-term ownership for all properties
Over $340/Unit/Month in Rental Upside Potential; market cap rate close to 7% with no city rent control restrictions
Spacious Home-Like Units Averaging Over 1,100 Square Feet; some townhouse-style units
Desirable Locations near downtown areas, major shopping destinations, dining, entertainment, outdoor recreation, & highly rated universities/colleges

Amenities

  • Air Conditioning
  • Balcony
  • Fitness Center
  • Laundry Facilities
  • Microwave
  • Picnic Area
  • Spa
  • Storage Space
  • Heating
  • Kitchen
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Riverside-Downtown (91 Line - Southern California Regional Rail Authority (Metrolink), Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 3.5 mi
8 min - 3.9 mi
AirportDriveWalkDistance
Ontario International 30 min - 20.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Adrienne Barr 310-470-8963 Berkadia
Adrienne Barr 310-470-8963 Berkadia