43275 Hacienda Street, Hemet, CA 92544

About this commercial property

Beautiful Multifamily Property in a great location in Hemet. First time on the market in 11 years. 21 Huge Apartment Homes that appeal to everyone. Rents below market and rising fast. This investment will never go out of style for owners and renters. Lots of TLC done over the years by caring management. Nice pool, lots of umbrella tables and gorgeous plant life. Fountain with ducks provides calm sound barrier for resident privacy. Tremendous upside to this investment. Owner consolidating investments brings a new opportunity. Excellent new management ready to take over on day one with new rents and great resident retention experience. This is an opportunity that does not come up very often. It's the nicest property with the greatest potential for value and cash flow increase on the market. It's a VALUE ADD opportunity with few changes necessary. 
 16 - 2/2s, 3 - 1/1s 2 - 3/2s total 21 great apartments.

Listing description from the October 2016 sale, as reported to CRMLS.

Sale history

$2,130,000

Sold October 2016 · listed $1,950,000, on market July 2016 · MLS #SW16144394 · Source: CRMLS

Listing Agent: Robyn Wonnell · Listing Office: Keller Williams RE-Tem Valley · Contact: 951-304-1200 · Bought with: Greg Trotter · Coldwell Banker

$2,130,000

Sold October 2016 · listed $2,000,000, orig. $1,950,000, on market July 2016 · MLS #SW16144533 · Source: CRMLS

Listing Agent: Robyn Wonnell · Listing Office: Keller Williams RE-Tem Valley · Contact: 951-304-1200 · Bought with: Greg Trotter · Coldwell Banker

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