13537 5th ST Active Save Request In-Person Tour Request Virtual Tour
Yucaipa,CA 92399
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25239661
HOA Y/N No
Year Built 2024
Lot Size 0.910 Acres
Property Sub-Type Apartment
Property Description
We are proud to present a rare opportunity to acquire a brand-new, Active Living 62+ Senior Living Apartment Community at 13537 5th St in Yucaipa, CA. This exceptional offering is strategically positioned to capitalize on the thriving Inland Empire market and Yucaipa's forward-thinking growth. The property features an ideal and evenly split unit mix, with eight 1-bedroom/1- bathroom units and eight 2-bedroom/2-bathroom units, a desirable combination perfectly suited for the local Active Living 62+ senior rental market. As new construction, the property requires no deferred maintenance or costly capital expenditures for years to come. With installed solar panels, the building is designed for long-term value, providing a sustainable, eco-friendly option that significantly reduces utility costs. This location offers a quiet, balanced lifestyle that is highly sought after by the senior living community, providing proximity to essential services while maintaining a serene environment. This property offers investors immediate returns, with current rents already performing near market rates. While providing stable cash flow from day one, it also presents a clear opportunity for future income growth as the local market continues to strengthen. Whether you're a first-time investor, a seasoned professional looking to expand your portfolio, or considering a 1031 Exchange, this asset offers exceptional stability and enduring value in one of Southern California's most dynamic markets, tapping into the robust and growing demand for senior housing.
Location
State CA
County San Bernardino
Area 269 - Yucaipa/Calimesa/Oak Glen
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Washer Hookup,Electric Dryer Hookup
Exterior
Pool None
Community Features Curbs,Sidewalks
Total Parking Spaces 16
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction Yes
Others
Senior Community Yes
Tax ID 0319233580000
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard