135 Cook St
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135 Cook St
4 Unit Block of Flats £981,838 (£245,459/Unit) 7.71% Net Initial Yield Redlands, CA 92374
Investment Highlights
- Property near University of Redlands & Metrolink transit station
Executive Summary
Prime 4-unit multi-family property in Redlands ready for your magic touch! Close proximity to metro-link station. City of Redlands will allows for 1-2 garage conversions. Each spacious 2-story unit features a 1,056 sq. ft., 2 bedroom,1.5 baths with a small backyard area. Each unit has their own garage with automatic garage door opener, central heat and wall AC units. Property features on site laundry room and paved parking lot with vinyl fencing. Excellent investment for new and seasoned real estate investors. Ideal for 1031 exchange buyers looking to maximize their rental income potential. Do not disturb tenants.
Property Facts
Price | £981,838 | Apartment Style | Low Rise |
Price Per Unit | £245,459 | Building Class | C |
Sale Type | Investment | Lot Size | 0.29 AC |
Net Initial Yield | 7.71% | Building Size | 4,224 SF |
Gross Rent Multiplier | 11.6 | Average Occupancy | 25% |
No. Units | 4 | Number of Floors | 2 |
Property Type | Residential | Year Built | 1964 |
Property Subtype | Apartment | Parking Ratio | 0.95/1,000 SF |
Price | £981,838 |
Price Per Unit | £245,459 |
Sale Type | Investment |
Net Initial Yield | 7.71% |
Gross Rent Multiplier | 11.6 |
No. Units | 4 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.29 AC |
Building Size | 4,224 SF |
Average Occupancy | 25% |
Number of Floors | 2 |
Year Built | 1964 |
Parking Ratio | 0.95/1,000 SF |
Unit Amenities
- Air Conditioning
- Storage Space
Site Amenities
- Laundry Facilities
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
2+1.5 | 4 | £1,142 | 1,050 |
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PROPERTY TAXES
Parcel Number | 0170-251-38 | Improvements Assessment | £649,092 |
Land Assessment | £166,776 | Total Assessment | £815,869 |
PROPERTY TAXES
Parcel Number
0170-251-38
Land Assessment
£166,776
Improvements Assessment
£649,092
Total Assessment
£815,869
zoning
Zoning Code | R3, Redlands |
R3, Redlands |
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135 Cook St
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