Property Detail

26287 Iris Ave

Moreno Valley CA 92555

$2,125,000

Status: Active

Property Details

Description

Do not Disturb Tenants!! Rare opportunity to own five individual condominiums built between 2006-2008, offered together as a unique portfolio. Each condominium has 3 bedrooms with open floorplans, in-unit laundry, HOA Amenities, Central Air/Heat, & two-car garages. The newer construction offers updated systems & energy-efficient features. All properties are in gated communities. 5.01% Cap Rate, 12.62 GRM, $271/sqft. Perfect for investors looking for newer construction, cash-flow, & potential to sell units individually in the future. See attached OM for additional information. See showing remarks for links to virtual tours of all units! -- 26287 Iris Ave #E (APN: 308612036) -- 26335 Iris Ave #D (APN: 308612065) -- 26279 Iris Ave #E (APN: 308612005) -- 15661 Lasselle St #84 (APN: 486562031) -- 15611 Lasselle St #21 (APN: 486561023)

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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