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$6,600,000
Est. payment /mo
8 Beds
7 Baths
0.88 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CV25056074
Bedrooms 8
HOA Y/N No
Lot Size 0.876 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present the unique opportunity to acquire 9223 Cypress Ave, strategically located in Fontana, California. This brand-new 14-unit townhome development offers investors the chance to capitalize on the strong demand for high-quality housing in the Inland Empire while generating stable and attractive returns at a 5.05% CAP rate. The development is situated on 38,160 square feet of land, with a total building area of 21,866 square feet. Conveniently located near major highways, retail centers, and employment hubs, the property provides easy access to Interstate 10, Interstate 15, and State Route 210, ensuring seamless connectivity throughout the Inland Empire and Greater Los Angeles region. 9223 Cypress Ave comprises 14 townhome-style units with a mix of 2-bedroom/1.5-bathroom and 3-bedroom/2.5-bathroom floor plans. The modern, newly constructed residences feature high-end finishes, open-concept living areas, and private garages. Each unit is thoughtfully designed to include spacious layouts, contemporary kitchens, and in-unit laundry. Select units offer private patios or balconies, enhancing the overall living experience. Additionally, the communitys common area features include, a beautiful garden courtyard and picnic area for tenant enjoyment. Fontana is a thriving and rapidly growing city, known for its strong rental market, employment opportunities, and excellent access to transportation. The property benefits from its proximity to major retail centers, dining, parks, and recreational amenities, as well as key employment hubs such as the Inland Empire Logi
We are pleased to present the unique opportunity to acquire 9223 Cypress Ave, strategically located in Fontana, California. This brand-new 14-unit townhome development offers investors the chance to capitalize on the strong demand for high-quality housing in the Inland Empire while generating stable and attractive returns at a 5.05% CAP rate. The development is situated on 38,160 square feet of land, with a total building area of 21,866 square feet. Conveniently located near major highways, retail centers, and employment hubs, the property provides easy access to Interstate 10, Interstate 15, and State Route 210, ensuring seamless connectivity throughout the Inland Empire and Greater Los Angeles region. 9223 Cypress Ave comprises 14 townhome-style units with a mix of 2-bedroom/1.5-bathroom and 3-bedroom/2.5-bathroom floor plans. The modern, newly constructed residences feature high-end finishes, open-concept living areas, and private garages. Each unit is thoughtfully designed to include spacious layouts, contemporary kitchens, and in-unit laundry. Select units offer private patios or balconies, enhancing the overall living experience. Additionally, the communitys common area features include, a beautiful garden courtyard and picnic area for tenant enjoyment. Fontana is a thriving and rapidly growing city, known for its strong rental market, employment opportunities, and excellent access to transportation. The property benefits from its proximity to major retail centers, dining, parks, and recreational amenities, as well as key employment hubs such as the Inland Empire Logistics Centers and Kaiser Permanente Fontana Medical Center. The Fontana areas demand for quality rental housing, combined with the propertys high quality construction and prime location, makes 9223 Cypress Ave an exceptional investment opportunity. This offering presents a rare chance to acquire a newly built, income-producing asset in one of Southern Californias most dynamic rental markets. Whether for a first-time purchaser, seasoned investor, or 1031 exchange buyer, 9223 Cypress Ave provides long-term stability and growth potential in an area with strong economic and demographic fundamentals.
We are pleased to present the unique opportunity to acquire 9223 Cypress Ave, strategically located in Fontana, California. This brand-new 14-unit townhome development offers investors the chance to capitalize on the strong demand for high-quality housing in the Inland Empire while generating stable and attractive returns at a 5.05% CAP rate. The development is situated on 38,160 square feet of land, with a total building area of 21,866 square feet. Conveniently located near major highways, retail centers, and employment hubs, the property provides easy access to Interstate 10, Interstate 15, and State Route 210, ensuring seamless connectivity throughout the Inland Empire and Greater Los Angeles region. 9223 Cypress Ave comprises 14 townhome-style units with a mix of 2-bedroom/1.5-bathroom and 3-bedroom/2.5-bathroom floor plans. The modern, newly constructed residences feature high-end finishes, open-concept living areas, and private garages. Each unit is thoughtfully designed to include spacious layouts, contemporary kitchens, and in-unit laundry. Select units offer private patios or balconies, enhancing the overall living experience. Additionally, the communitys common area features include, a beautiful garden courtyard and picnic area for tenant enjoyment. Fontana is a thriving and rapidly growing city, known for its strong rental market, employment opportunities, and excellent access to transportation. The property benefits from its proximity to major retail centers, dining, parks, and recreational amenities, as well as key employment hubs such as the Inland Empire Logistics Centers and Kaiser Permanente Fontana Medical Center. The Fontana areas demand for quality rental housing, combined with the propertys high quality construction and prime location, makes 9223 Cypress Ave an exceptional investment opportunity. This offering presents a rare chance to acquire a newly built, income-producing asset in one of Southern Californias most dynamic rental markets. Whether for a first-time purchaser, seasoned investor, or 1031 exchange buyer, 9223 Cypress Ave provides long-term stability and growth potential in an area with strong economic and demographic fundamentals.
Location
State CA
County San Bernardino
Area Fontana (92335)
Zoning Assessor
Interior
Cooling Central Forced Air
Building
Lot Description Curbs, Sidewalks
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $155
Acceptable Financing Cash
Space Rent $2,700
Listing Terms Cash
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Listed by Eric Chen • CB RICHARD ELLIS
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