NWC E Stetson Ave & S Buena Vista St

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NWC E Stetson Ave & S Buena Vista St

Hemet, CA 92543
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

*** SELLING SIGNIFICANTLY BELOW MARKET VALUE *** <p><span style="color: rgba(51, 51, 51, 1)">FRE Auctions & Lee & Associates are pleased to present the Online event for the rare opportunity to purchase a significantly below market 25+ acre multi-family development portfolio (3 properties) in prime locations along Stetson Avenue in Hemet, CA</span></p><p><span style="color: rgba(51, 51, 51, 1)">Portfolio consists of three (3) separate R-3 zoned multi-family development sites including:</span></p><ul><li>​<span style="color: rgba(51, 51, 51, 1)"

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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