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Investors seeking to bolster their portfolios with a stabilized residential asset will find this apartment building at 2077 Patterson Street a practical addition. Located in Riverside, California, this multifamily property consists of two distinct units and offers a 5.9% cap rate for prospective buyers. The asset is situated within a growing Inland Empire market that benefits from consistent demand for rental housing due to its proximity to regional employment hubs and major transportation corridors. With a manageable size of two units, the property serves as a functional choice for private investors or boutique operators aiming for straightforward management in an established suburban setting. The Riverside area remains a notable component of the Southern California economy, drawing residents who value its balance of regional accessibility and local community character. This building represents a core multifamily investment opportunity for those prioritizing income-producing assets in a stable market environment.
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