This Multifamily Property is no longer advertised on LoopNet.com.

14261-14277 Rios Canyon Rd
El Cajon, CA 92021

Rios Canyon Estates · Multifamily Property For Sale · 32 Units

Apartment Buildings California El Cajon 14261-14277 Rios Canyon Rd, El Cajon, CA 92021

INVESTMENT HIGHLIGHTS

  • 3.32% Assumable $7.4m Loan due in 2036 (12.7 Yrs Remaining)
  • Not Subject to AB1482 Rent Control
  • Ideal Unit Mix - 32, 3 Bedroom/2 Bath Units, 1,107sf each
  • Stabilized 5.57% Cash-on-Cash Return Year 1
  • Opportunity to Add Value Through Rent Stabilization & More Aggressive RUBS Implementation
  • 2018/2019 Construction Offering Strong Unit and Community Amenity Packages

PROPERTY FACTS

No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 3.15 AC
Building Size 32,000 SF
No. Stories 2
Year Built 2019
Parking Ratio 2.16/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Granite Countertops
  • Hardwood Floors
  • Stainless Steel Appliances
  • Walk-In Closets
  • Patio
  • Vinyl Flooring
  • Window Coverings

SITE AMENITIES

  • Clubhouse
  • Courtyard
  • Fitness Center
  • Picnic Area
  • Playground
  • Pool
  • Security System
  • Smoke Free

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 32 - 1,107

PROPERTY TAXES

Parcel Number 398-110-32 Improvements Assessment $6,354,081
Land Assessment $1,091,763 Total Assessment $7,445,844

ZONING

Zoning Code R4
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  • Listing ID: 30783981

  • Date on Market: 1/25/2024

  • Last Updated:

  • Address: 14261-14277 Rios Canyon Rd, El Cajon, CA 92021

More public record information on 14261-14277 Rios Canyon Rd, El Cajon, CA 92021

The Multifamily Property at 14261-14277 Rios Canyon Rd, El Cajon, CA 92021 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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