We are pleased to present the Alwood Garden Apartments, a well-maintained 16-unit apartment building consisting of two adjacent buildings with eight units each. The property boasts an open layout and is located in a great rental location near the 22 freeway. The current rents provide a 4.5% cap rate, with a 40% potential upside in rents. This presents a great opportunity for investors looking to increase their cash flow and equity. With the potential for higher rents and the property’s prime location, the Alwood Garden Apartments offer strong investment potential for savvy investors looking to add to their portfolio.
Additional Features
- Rectangular Lot
- Two
- Parking spaces: 12.00
- Listing Status: Active
- Listing Agent: Gary Tolfa
(lic# 00955403)
of Pacific West
- Listing Office: Triqor Group
(lic# 01921625)
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Based on information from CRISNet MLS as of 5th May 2024 at 9:05am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.