Property Description

EXCELLENT INVESTMENT AND CASH FLOW OPPORTUNITY ! This upgraded Grand Terrace property represents an exceptional investment opportunity, characterized by robust cash flow! Nestled in the heart of Grand Terrace in the fast-growing Inland Empire region, the Grand Terrace Apartments have been well maintained and have impeccable strong financial performance. This offering presents a truly uncommon chance to acquire rental properties in one of the most coveted locations within the Inland Empire. Strategically positioned in close proximity to the 215/91 freeways, this property's roots date back to its construction in 1964. It comprises highly sought-after single-story, two-bedroom/one-bathroom units, each boasting private yards and individual washer/dryer hookups as well as recent upgrades that enhances tenant desirability. These features readily attract discerning renters inclined towards long-term occupancy, thereby ensuring a steady stream of rental income. Moreover, this property bestows upon the prospective buyer the prospect of further enhancing its value by incorporating an Accessory Dwelling Unit (ADU). Currently, the property enjoys full occupancy, showcasing its attractiveness to tenants. Exceptional quality, the scarcity of obtaining an investment property in the rapidly expanding city of Grand Terrace, the possibility of significant appreciation, and the potential addition of an ADU make this investment a remarkable opportunity for any astute apartment investor.

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Property Details