233 W Nicolet St | Banning, CA 92220
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233 W Nicolet St
Banning, CA 92220
Nicolet Apartments · Multifamily Property For Sale · 21 Units
Investment Highlights
- Solid Rental Location in the City of Banning
- Excellent Unit Mix of One, Two, Three and Four Bedroom Units | Average Unit Size of 790 Square Feet
- Interior Renovations Include: Updated Plank Flooring, New Kitchen Cabinets, New Kitchen Counter Tops, New Paint, and New Bathrooms in Select Units
- Well Maintained Property Situated on Large 50,5029 SF Lot
- Extensively Renovated Within Last Three Years
- Additional Land for Possible Future Development
PROPERTY FACTS
| No. Units | 21 | Building Size | 16,600 SF |
| Property Type | Multifamily | Average Occupancy | 76% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1971 |
| Building Class | C | Parking Ratio | 2.89/1,000 SF |
| Lot Size | 1.53 AC |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.53 AC |
| Building Size | 16,600 SF |
| Average Occupancy | 76% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 2.89/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Window Coverings
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Gated
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,007 | 700 |
| 2+1 | 3 | $1,105 | 780 |
| 2+2 | 8 | $1,495 | 780 |
| 3+1 | 1 | $1,180 | 840 |
| 3+2 | 2 | $1,280 | 840 |
| 4+2 | 1 | $1,510 | 1,300 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,601,000 | |
| Land Assessment | $969,000 | Total Assessment | $3,570,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$969,000
Improvements Assessment
$2,601,000
Total Assessment
$3,570,000
zoning
| Zoning Code | R3 |
| R3 |
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