200 North Minnesota Avenue, Glendora, CA 91741
66,018 SqFt Lot
Listing Description for 200 North Minnesota Avenue
First time ever on market. See marketing flyer for bid date. This offering represents a unique opportunity to acquire a one of a kind "larger"owner-developed multifamily apartment asset in the very desirable and re-gentrifying city of Glendora. Seller will consider accepting an offer prior to the Bid Date, and encourages all potential investors to submit. Parkview North consists of 34 apartment homes featuring six large, unique floor plans; these spacious units range in size from 648 to approximately 1,300 sq ft. There are (4) 1bed/1ba; (28) 2bed/2ba; and (2) large 3bed/2ba units. The Parkview North offering is an apartment complex with immediate attainable rental upside, awarding the astute investor with a very solid, long-term growth asset. The property features a massive, private, interior landscaped courtyard with a swimming pool, two on-site laundry facilities, a large owners storage and tool room/workshop. Each unit is separately metered for electricity, and each has their own individual electric hot water. The surrounding area boasts pristine and manicured properties, views of the foothills and a charming downtown area. Financial info is proforma, rents are approx. 16+% under market.
Listing Details for 200 North Minnesota Avenue:
|Property Type:||Residential Income|
|Days on Market:||27|
|Lot Size:||66,018 SqFt|
|Area:||629 - Glendora|
|Pool:||Community Pool, Heated with Gas|
|View:||Mountain, Neighborhood, Park Or Green Belt, Pool, Trees/Woods|
|Plumbing:||Sewer Connected, Sewer In Street|
|Interior Misc:||Built-Ins, Living Room Balcony, Open Floor Plan, Storage Space, Unfurnished|
|Closing Date:||2015-10-19 00:00:00|
If you would like more information on MLS Listing NP15146123 for 200 North Minnesota Avenue, Glendora, CA 91741, please feel free to contact us. A LivingSoCal Realtor in Glendora will be happy to answer any questions about this Residential Income property and assist you in scheduling a private showing.