Investors Dream, 16 Homes Tract available for immediate purchasing and Renting at good cap rate with potential to increase the cap from 4.5% to 6.5% within 1 year by adding 16 ADU's to the portfolios
All 16 Homes are setting on large lots of approximately 12,000 SF and have RV access in the side, 4 homes are single story with 4 Beds & 2-1/2 baths, and 12 Homes are 2 story with 5 beds/ 3 baths, A lot of upgrades included such as Ornamental wrought Iron Entry Door, elegant staircase with a Combination of Iron and wood, recessed lighting, Porcelain tile and laminate flooring throughout the house , upgraded plumbing and electrical fixtures, Modern Cabinets with Quartz counter top, Stainless steel appliances including Stove, Dishwasher, microwave and hood, Patio slab in the back yard, RV access with concrete Driveway from the garage side all the way to the back with double gates and concrete walkway in the other side with single gate, Front yard will be landscaped with plants using drip system for irrigation.
All 16 homes being built on a new street in one of the best and most desirable areas of the Inland Empire, Verdemont San Bernardino, close to Freeways, schools, Cal state University and shopping.