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Townhouse Style Apartment 228 N Orange Ave 5 Unit Apartment Building $3,071,024 CAD ($614,205 CAD/Unit) Rialto, CA 92376
EXECUTIVE SUMMARY
Newer Built 5-Unit Townhouse Style Apartment in Rialto Exceptional investment opportunity! This newer built 5-unit townhome-style apartment complex is conveniently located within walking distance to downtown Rialto and just minutes from freeway access. Each spacious unit features 3 bedrooms and 2.5 baths, a 2-car attached garage with direct access, and in-unit laundry on the second level for added convenience. Designed with quality in mind, the property showcases tile roofing, private balconies off the master bedrooms, and a modern layout perfect for today’s renters. A great turnkey property in a high-demand rental area—ideal for investors seeking stable income and long-term growth potential. Rent are way under market. 2 of the units are currently used as Airbnb. And another unit will be vacated by end of October. A lot of upside!
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Tub/Shower
- Deck
- Dining Room
- Double Pane Windows
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 0130-092-27 | Total Assessment | $2,034,799 CAD |
| Land Assessment | $277,341 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,757,458 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
0130-092-27
Land Assessment
$277,341 CAD
Improvements Assessment
$1,757,458 CAD
Total Assessment
$2,034,799 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Townhouse Style Apartment | 228 N Orange Ave
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