1001 W Heald

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1001 W Heald

Lake Elsinore, CA 92530
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset featuring two residential apartment units available for sale.
  • Property is located at 1001 W Heald in Lake Elsinore, California.
  • The site is positioned within the accessible Riverside County market area.
  • Asset type allows for potential residential rental income stream opportunities.
  • Close proximity to Interstate 15 provides regional access for residents.

What's Special

This two-unit multifamily apartment building is situated at 1001 W Heald in Lake Elsinore, California. Located in a growing suburban market within the Inland Empire, this asset provides a steady investment option for those looking to expand their residential holdings in Riverside County. Lake Elsinore serves as a residential hub for commuters and local families alike, benefiting from regional connectivity via nearby Interstate 15. The configuration of the property makes it a suitable candidate for individual investors or those seeking a manageable multi-family addition to an existing portfolio. Prospective buyers can explore potential income stabilization through leasing these units, taking advantage of the sustained regional demand for rental housing. The site proximity to established community infrastructure and major thoroughfares supports long-term occupancy prospects. This asset represents a practical acquisition in a market characterized by steady population growth and continued residential development.

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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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