Multifamily

Silverwood Apartments

438 Silverwood, Upland, CA 91786

Listing Price: $975,000

Cap Rate
3.11%
Number of Units
4
GRM
17.76
Occupancy
97.0%
Price/Unit
$243,750
Price/Gross SF
$243.75
Gross SF
4,000

Investment Overview

Marcus and Millichap is pleased to have been chosen to exclusively represent for sale a rare multi-family apartment that consists of four two-bedroom/one-half bath at 1,000 sq ft each in Upland. The four plex sits on one parcel and was constructed in 1964. Furthermore, the property is conveniently located near highway ten off of Mountain Avenue providing an easier commute throughout the city. Due to the increase of population in the Inland Empire, the city of Upland is known for having low vacancy rates. Due to large manufacturing and distribution centers being stationed in the neighboring city of Ontario results in high job demands. Lastly, Upland takes pride in its small town feel and high quality of life that accompanies its big city amenities. Don't let this rare jewel slip by your hands!

Investment Highlights

  • Upland has low vacancy rates
  • Located near retail stores and eateries
  • Near highway 10 for easy access throughout the Inland Empire

Exclusively Listed By

Multifamily

Silverwood Apartments

Listing Price: $975,000

Cap Rate
3.11%
Number of Units
4
GRM
17.76
Occupancy
97.0%
Price/Unit
$243,750
Price/Gross SF
$243.75
Gross SF
4,000

Investment Highlights

  • Upland has low vacancy rates
  • Located near retail stores and eateries
  • Near highway 10 for easy access throughout the Inland Empire

Investment Overview

Marcus and Millichap is pleased to have been chosen to exclusively represent for sale a rare multi-family apartment that consists of four two-bedroom/one-half bath at 1,000 sq ft each in Upland. The four plex sits on one parcel and was constructed in 1964. Furthermore, the property is conveniently located near highway ten off of Mountain Avenue providing an easier commute throughout the city. Due to the increase of population in the Inland Empire, the city of Upland is known for having low vacancy rates. Due to large manufacturing and distribution centers being stationed in the neighboring city of Ontario results in high job demands. Lastly, Upland takes pride in its small town feel and high quality of life that accompanies its big city amenities. Don't let this rare jewel slip by your hands!

Exclusively Listed By

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