135 Cook St
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135 Cook St
4 Unit Apartment Building $1,761,060 CAD ($440,265 CAD/Unit) 7.71% Cap Rate 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 | $1,761,060 CAD | Apartment Style | Low Rise |
| Price Per Unit | $440,265 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 7.71% | Building Size | 4,224 SF |
| Gross Rent Multiplier | 11.6 | Average Occupancy | 25% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 0.95/1,000 SF |
| Price | $1,761,060 CAD |
| Price Per Unit | $440,265 CAD |
| Sale Type | Investment |
| Cap Rate | 7.71% |
| Gross Rent Multiplier | 11.6 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 4,224 SF |
| Average Occupancy | 25% |
| No. Stories | 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 | $2,049 CAD | 1,050 |
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PROPERTY TAXES
| Parcel Number | 0170-251-38 | Improvements Assessment | $1,163,305 CAD |
| Land Assessment | $298,897 CAD | Total Assessment | $1,462,201 CAD |
PROPERTY TAXES
Parcel Number
0170-251-38
Land Assessment
$298,897 CAD
Improvements Assessment
$1,163,305 CAD
Total Assessment
$1,462,201 CAD
zoning
| Zoning Code | R3, Redlands |
| R3, Redlands |
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135 Cook St
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