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Multifamily

1428 Springfield St

1428 Springfield St, Upland, CA 91786

Listing Price: $1,400,000

Cap Rate
3.11%
Number of Units
4
GRM
18.23
Price/Unit
$350,000
Price/Gross SF
$347.57
Gross SF
4,028

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to exclusively present a unique investment opportunity consisting of four individual 4-unit properties located at 1409, 1413, 1424, and 1428 Springfield Street in Upland, California. This portfolio offers an excellent opportunity to purchase the properties individually or as a complete package. Each property is priced at $1,400,000.

Investment Highlights

  • First Time on the Market in 40 + Years
  • Four Individually Parceled 4-plexes, Offered Individually or as a Portfolio
  • All Large Two Bedroom / One & Half Bathroom Units ± 1,000 SF
  • AAA Rental Location – Situated north of Foothill Blvd
  • Value Add Opportunity, Current Rents are Estimated ± 26% Below Market
  • Laundry Room, Large Patio in Select Unit(s) & Garage/Open Parking Spaces

Exclusively Listed By

Multifamily

1428 Springfield St

Listing Price: $1,400,000

Cap Rate
3.11%
Number of Units
4
GRM
18.23
Price/Unit
$350,000
Price/Gross SF
$347.57
Gross SF
4,028

Investment Highlights

  • First Time on the Market in 40 + Years
  • Four Individually Parceled 4-plexes, Offered Individually or as a Portfolio
  • All Large Two Bedroom / One & Half Bathroom Units ± 1,000 SF
  • AAA Rental Location – Situated north of Foothill Blvd
  • Value Add Opportunity, Current Rents are Estimated ± 26% Below Market
  • Laundry Room, Large Patio in Select Unit(s) & Garage/Open Parking Spaces

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to exclusively present a unique investment opportunity consisting of four individual 4-unit properties located at 1409, 1413, 1424, and 1428 Springfield Street in Upland, California. This portfolio offers an excellent opportunity to purchase the properties individually or as a complete package. Each property is priced at $1,400,000.

Exclusively Listed By

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