Yucaipa Portfolio
3 Properties
Yucaipa,
CA 92399
114 Units
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, 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.
Listing Advisors
Otto Ozen
Bryan LaBar
Shawn Bolour