For Sale
$1,169,900
5941 Limonite Ave Riverside, CA 92509
4-Unit Apartment Building, High ROI Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- $1,169,900 asking price for a four-unit apartment building.
- 3,620 square feet on an 8,712 square foot lot.
- 6.16% cap rate, 7.39% pro-forma cap rate.
- $72,084 current NOI, $86,508 pro-forma NOI.
- 50% occupancy, with two vacant units.
- $292,475 per unit price.
Property Details for 5941 Limonite Ave
- Property type
- Apartment buildings
- Square Feet
- 3,620 SF
- Year Built
- 1964
- Buildings
- 1
- Stories
- 2
- Units
- 4
Location Insight
- City
- Riverside
- County
- Riverside
- State
- California
- Latitude
- 33.9933681
- Longitude
- -117.4233574
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 4-Unit Apartment Building, High ROI Potential
- Where is the apartment building located?
- The property is located at 5941 Limonite Ave Riverside, CA.
- What is the asking price?
- The asking price for this property is $1,169,900.
- What are key features of this property?
- This property features: $1,169,900 asking price for a four-unit apartment building.; 3,620 square feet on an 8,712 square foot lot.; 6.16% cap rate, 7.39% pro-forma cap rate.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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