The Mogharebi Group | Multifamily Investment Advisory

Portfolio Summary

Price	Call for Details
Units	114

Investment Highlights

Two Properties Being Completed in 2023 with the Third Projected in 2024
Senior Restricted Housing Located Within an Opportunity Zone
Attractive Floorplan of All Two-Story Homes with Two-Bedrooms One and a Half-Bathrooms
All Three Properties have Fantastic Access to Major Thoroughfares
Commutable to Over 1.3 Million Jobs
Prefabrication Construction Used Throughout

Portfolio Description

The Mogharebi Group is pleased to present the opportunity to acquire a 114 unit, three property portfolio located in Yucaipa, CA. Offered individually or together as a portfolio, two of the three properties will be completed in 2023 with the last property set to finalize construction in 2024. The portfolio consists of all two-story townhome style units with two-bedroom one and a half-bathroom floorplans boasting approximately 912 rentable square feet each. Close proximity to interstate 10, a major Southern California commuter lane, along with the appeal that comes with being brand new construction, the Yucaipa portfolio is situated perfectly to capitalize on the abundance of commuters.

3 Properties
Yucaipa, CA 92399

Yucaipa’s multifamily market fundamentals are generally strong and present a favorable investment environment with strong occupancy rates and increasing rental rates. Market occupancy is currently at 95.8%, indicating strong demand for rental housing in the city. Asking rents have also been increasing steadily, with a year-over-year increase of 2.1%, according to CoStar.