Skip To Content

847 Cherry Avenue

Beaumont, CA 92223
  • $10,125,516
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: CV23147232
$10,125,516
  • 0
    BEDS
  • 4.87
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Solera (Slra)
Type:
Multi-Family
Built:
1965
County:
Riverside
Area:
263 - Banning/Beaumont/Cherry Valley

School Ratings & Info

Visit GreatSchools.org
Listing Agent(s): David Covarrubias of Marcus & Millichap (909-456-3400) and Douglas Mccauley of Marcus & Millichap(909-456-3400)


Description

Beaumont Property Portfolio Sale consisting of 13 AssetsApartments, Mix-Use, SFR & LandOutstanding LocationsUpside in RentCall or email us for a full Offering Memorandum

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T00:29:13.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142251399
Print Image

847 Cherry Avenue Beaumont, CA 92223

  • Price: $10,125,516
  • Status: Active
  • On Site: 43 Days
  • MLS #: CV23147232
0
Beds
0
Baths
0
½ Baths
4.87
Acres
1965
Built
Neighborhood:
Solera (Slra)
County:
Riverside
Area:
263 - Banning/Beaumont/Cherry Valley
Property Description
Beaumont Property Portfolio Sale consisting of 13 AssetsApartments, Mix-Use, SFR & LandOutstanding LocationsUpside in RentCall or email us for a full Offering Memorandum
Exterior Features

Entry Level 1 Entry Location N/A Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 40 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 5.58 Common Interest None Community Features Street LightsSidewalks Electric Expense 5735 Fuel Expense 5735 Garage YN No Gross Income 858926 Gross Scheduled Income 858926 Insurance Expense 40131 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 42946 Net Operating Income 565135 New Construction YN No New Taxes Expense 134467 Number Of Separate Gas Meters 40 Number Of Separate Water Meters 10 Operating Expense 268023 Other Expense 349 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 699 Trash Expense 13041 Vacancy Allowance 25768 Vacancy Allowance Rate 3 Water Sewer Expense 5735 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T00:29:13.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371776313-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371776313-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371776313-2.jpg
Logo
The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): David Covarrubias of Marcus & Millichap (909-456-3400) and Douglas Mccauley of Marcus & Millichap(909-456-3400)