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Riverside Apartments For Sale

Unit Mix – 1: 3BD/1BA, 1: 2BD/2BA, 5: 1BD/1BA. Total: 10BD/7BA. Rents are at market and the property is well maintained in the path of Riverside’s redevelopment. Great investment opportunity. Motivated Seller!
Close proximity to the 91 and 215 Freeways. Minuets away from the historic Mission Inn and downtown Riverside.

For more information on this listing or our other listings located in the Inland Empire, please contact:

Brittany Duhs: (949) 573-3105 or Brittany.Duhs@EastWestCommercial.com

Michael Duhs: (949) 939-8352 or Michael.Duhs@EastWestCommercial.com

 

The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. Buyer to conduct its own due diligence.

About EAST WEST Commercial Real Estate

EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona.  The firm is headquartered in Orange County, CA.  Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino, Phoenix, Flagstaff, and Reno.  Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.

Visit Our Websites

http://www.EastWestCommercial.com
http://www.EastWestCaptialAdvisors.com
http://www.CommercialBrokerPriceOpinion.com

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Brian Jacks, our Vice President and Regional Director at East West Commercial Real Estate, was recently featured in the Sacramento Business Journal on Friday, June 15th 2012,   where he comments on the multi family real estate industry. Mr. Jacks further explains how apartment complexes are drawing investors from the stock market and other real estate sectors.  Click Here for complete article.

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East West Commercial Real Estate is pleased to announce Augie Chavez as its new Inland Empire, California commercial real estate associate. Specializing in the sale and lease of industrial space for lease and industrial buildings for sale in the Inland Empire and being a licensed salesperson with the State of California, Augie will be a tremendous asset to the East West Commercial Real Estate team.

With over twenty years of experience in real estate, logistics, and construction, Augie brings a diverse and unique set of talents and skills to the commercial real estate arena which only serves to benefit clients in regards to how their assets are marketed and serviced.

As a contractor, he marketed to and worked with developers, architects, and general contractors on commercial, entry-level and semi-custom tract homes, multi-residential, and large scale development projects such as Butterfield Ranch in Chino Hills, CA. His impressive real estate experience includes working with distressed properties and the sales and marketing of several multi-million dollar communities, some of which included an affordable housing component with diverse financing options.

Augie also has a proven track record in the logistics field. As a warehouse/operations manager for a large importer, he turned around a faltering distribution system consisting of multiple warehouses shipping to thousands of dealers throughout the US. With a BA in Transportation and Logistics Management from American Public/Military University, his expertise extends beyond his hands-on experience with the unique ability to look at how logistics influences all functions of an organization and understands how strategic placement of points of distribution impacts the flow and efficiency of their supply chain network. Augie offers this level of service and experience to those seeking industrial property for lease in the inland empire as well as industrial property for sale in the inland empire.

Augie Chavez is an Inland Empire, California commercial real estate associate and salesperson specializing in lease and investment transactions for industrial properties.  Mr. Chavez oversees industrial properties for sale and industrial space for lease in Chino, Ontario, San Bernardino, and Riverside for East West Commercial Real Estate.

Augie Chavez is part of the firm East West Commercial Real Estate, a full service commercial real estate services company with offices throughout Arizona, California, Nevada, and New Mexico including, Phoenix, Tucson,  Los Angeles, San Francisco, San Diego, San Jose, Orange County, Inland Empire (Riverside and San Bernardino), San Jose, Sacramento, Oakland, Walnut Creek, Las Vegas, Reno, and Albuquerque. East West Commercial Real Estate provides brokerage and asset management services for retail, shopping centers, office, industrial, apartments, medical office, self-storage, senior housing, and hospitality. For more information, contact Augie Chavez at (909) 732-9423 or Augie.Chavez@EastWestCommercial.com or http://www.eastwestcommercial.com.

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Downtown Riverside Apartment building for sale. 7 unit building with a single family home in the front of the property and multi-family units in the back. Great investment opportunity! Motivated seller! BPO / BOV.

 

Contact Information:

Michael Duhs- Managing Broker

Direct (949) 939-8352

30262 Crown Valley Parkway, Suite B518
Laguna Niguel, CA 92677

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Motivated Seller BOV / BPO

Located in Beamont – Riverside County. 12 Unit multi-family building for sale. Mostly 2 BD / 1 BA. Great investment opportunity. Well maintained building; good neighborhood.

 

Contact Information:

Michael Duhs- Managing Broker

Direct (949) 939-8352

30262 Crown Valley Parkway, Suite B518
Laguna Niguel, CA 92677

Twitter Facebook | LinkedIn | YouTube

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Sacramento, CA – As one of the hardest hit regions in the country, due the housing meltdown, Sacramento area apartment owners have been welcoming displaced homeowners in droves.  Apartment communities have long been the safest commercial real estate investment class, since people always need a place to live no matter how bad the economy…. but consider this next fact for even more emphasis.  As of 3Q11, Sacramento metro vacancies were reported at 12.4% (retail), 12.9% (industrial), and 19.8% (office).  On the other hand, Sacramento metro apartments were reported at only 5.4% vacancy during the same period… after falling from 7.1% a year prior (3Q10).  Plus, due to the compressing vacancy rates, apartment owners have been able to increase rents an average of 2.2% over the past year.  With all this positive news, which asset class would you prefer to own right now?

On top of all this great news, would you believe the median price of apartment properties in the Sacramento metro area has decreased by 22% over the past 12 months?  This is directly attributed to the surge of distressed REO apartments flooding the market by struggling banks trying to unload non-performing assets.  Increased availability of apartment properties has pushed cap rates up to the mid-7% range for apartments totaling less than 50 units in high-density neighborhoods.  Higher quality apartments with units in suburban communities totaling more than 50 units are selling in the range of 6% cap rates, while lower quality apartments in less densely populated areas can sell for as high as 8.5% cap rates or more.The availability of Sacramento apartment financing has improved dramatically, as indicated by a 40% increase in new apartment loans funded during the 2nd and 3rd quarters of 2011 (as compared to the prior period).  This improved accessibility of apartment mortgage capital has been encouraged by higher occupancy levels and strong rent growth, resulting in origination gains by nearly all lending sources.Bottom line… it’s a great time to become an investor in Sacramento apartments or add to your holdings.  Immediate cash flow, plus the opportunity for real property appreciation once the market fully improves.  Don’t delay.  Buy apartments for sale in Sacramento right now!

Article contributed by Brian Jacks http://www.linkedin.com/in/bjacks, Vice President & Regional Director of East West Commercial Real Estate.  Brian specializes in representing buyers and sellers for the sale of apartments throughout the greater Sacramento area.

Data Source: Marcus & Millichap 3Q11 market update http://www.marcusmillichap.com/research/reports/Apartmen … (except retail and industrial vacancy figures from CBRE 3Q11 market report)

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East West Commercial Real Estate (Sacramento)services investors who buy and sell commercial real estate properties. Clients utilize our unique relationships and depth of market knowledge to purchase assets in this opportunistic environment.Our Focused ApproachWe focus on what we do best – bringing or identifying well priced quality assets to the market and closing deals. East West Commercial Real Estate (Sacramento) expends a great amount of effort and resources toward research, our brokerage services systems, property acquisition, financial and investment analysis, and client relations.

Asset Management / REO Brokerage Services

For more than two decades we have provided extraordinary service to assist our clients in disposing of and purchasing real estate assets in the California marketplace. East West Commercial Real Estate specializes in assisting lenders sell their special assets / ORE across multiple asset classes: apartments, retail, office and industrial.

 

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Apartment and Commercial Real Estate Investors in San Diego demand will outstrip the supply of marketed apartment and commercial real estate properties this year. Class C assets in these areas will steady in the mid-7 percent range and demand for top-tier apartment properties to the mid-6 percent range.

2011 Market Outlook

· 2011 NAI Rank: 6, Down 4 Places. San Diego will retain a top 10 ranking in the NAI.

· Employment Forecast: A 1.9% increase.

· Vacancy Forecast: 3.6%

For investment sales information with commercial real estate in Los Angeles, San Diego, Orange County, Riverside, San Bernardino — Apartments for Sale, investment property, commercial REO’s, commercial bpo’s, commercial bov’s, and commercial broker price opinions, please contact Michael Duhs, Managing Director of East West Commercial at www.EastWestCommercial.com or (949) 939-8352.

As Reported by Marcus & Millichap in the 2011 Annual Report.

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