23090 Sunnymead Boulevard
- 10-Year Ownership Tax Credit Potential!
- Seller Familiar with the Conversion Process!
- Proper Zoning for Conversion to Permanent Housing/Assisted Living/Convalescent
- Well-Maintained and Located Property Built in 2009
- Amenities include Kitchen, Dining Area, Indoor Pool, 11 Suites, Lobby Area, Meeting Room (approximately 750 Square Feet), and Gymnasium
Property Description
POTENTIAL TAX CREDITS - OWNED FOR MORE THAN 10 YEARS BY SELLER - Zoning allows Assisted Living/Convalescent as well as Permanent Housing Currently an operating La Quinta Inn, the property is a Potential Conversion of the Existing Hotel to Permanent Housing or Assisted Living/Convalescent Housing per the City of Moreno Valley Planning Department Built in 2009 and situated on an approximate 1.36-acre concrete lot, the Property is comprised of 62 rooms and is three-story, with Interior Corridors. The Building is approximately 29669 square feet of construction with Concrete Parking
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $10,250,000 |
| No. of Units: | 62 |
| Year Built: | 2009 |
| Lot Size: | 1.36 Acres |
| Opportunity Zone: | No |
| Price per unit: | $165,323 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
3110 Merrill Drive
Torrance, California
1341 Weeburn, Unit 75
Seal Beach, California
10811 Thunderbird Dr, Unit 56
Seal Beach, CaliforniaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout