Apartments For Sale • 8,104 SF
| Well-Maintained 10-Unit, Garden-Style Community in a Centrally Located Pomona Rental Market |
| Preferred Unit Mix of Four 1-Bedroom/1-Bathroom & Six 2-Bedroom/1-Bathroom Units, Averaging 810 SF Across ±8,104 SF of Rentable Area |
| Current CAP Rate of 5.13% with Nearly 18% Rental Upside to Achieve a Pro Forma CAP Rate of 6.56% |
| Property Features Mature Landscaping, 10 Enclosed Garages for Parking or Storage, On-Site Laundry Facility, Gated Access, and Spacious Courtyard |
| Several Units Have Been Completely Renovated with New Flooring, Kitchens, and Bathrooms |
| Strong Value-Add Potential with a Proven Renovation Plan in Progress – New Exterior Paint and Capital Improvements Completed Within the Past Few Years |
| Cap Rate: | 5.13 % |
| Total Expenses: | $83,308 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Pomona Amtrak (Sunset Limited - Amtrak, Texas Eagle - Amtrak) | 4 min | - | 1.5 mi |
| Downtown Pomona Metrolink Station (Metrolink Riverside Line - Metrolink Trains) | 4 min | - | 1.5 mi |
| Airport | Drive | Walk | Distance |
| Ontario International | 17 min | - | 11.2 mi |
| John Wayne/Orange County | 42 min | - | 33.2 mi |
| Long Beach (Daugherty Field) | 50 min | - | 38.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 12 |
| Type: | Surface |
| Included in Rent: | Yes |