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Listed by Eric Chen • CB RICHARD ELLIS
$ 4,700,000
Est. payment /mo
New
13537 5th Street Yucaipa, CA 92399
13,240 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 13,240 sqft
Price per Sqft $354
MLS Listing ID CRCV25239661
HOA Y/N No
Year Built 2024
Lot Size 0.910 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
We are proud to present a rare opportunity to acquire a brand-new, Active Living 62+ Senior Living Apartment Community at 13537 5th St in Yucaipa, CA. This exceptional offering is strategically positioned to capitalize on the thriving Inland Empire market and Yucaipa's forward-thinking growth. The property features an ideal and evenly split unit mix, with eight 1-bedroom/1- bathroom units and eight 2-bedroom/2-bathroom units, a desirable combination perfectly suited for the local Active Living 62+ senior rental market. As new construction, the property requires no deferred maintenance or costly capital expenditures for years to come. With installed solar panels, the building is designed for long-term value, providing a sustainable, eco-friendly option that significantly reduces utility costs. This location offers a quiet, balanced lifestyle that is highly sought after by the senior living community, providing proximity to essential services while maintaining a serene environment. This property offers investors immediate returns, with current rents already performing near market rates. While providing stable cash flow from day one, it also presents a clear opportunity for future income growth as the local market continues to strengthen. Whether you're a first-time investor, a seas
Location
State CA
County San Bernardino
Interior
Heating Other
Cooling Central Air
Fireplace No
Laundry Other
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