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671 Greystone Ln - 671 Greystone 4 Unit Apartment Building Offered at $1,175,881 CAD at a 6.10% Cap Rate Hemet, CA 92543



EXECUTIVE SUMMARY
Rare opportunity to own a true fourplex where every unit is a 3 bedroom, 1 bath- a setup you won't find often in Hemet. Most multifamily properties in the area mix of 2-bedrooms with maybe one larger unit, but this one delivers consistent rental appeal across all four. Each unit offers a functional floor plan with its own private yard, plenty of potential for outdoor space or additional storage. Property will benefit from roof work and cosmetic upgrades, but the fundamentals are strong: stable tenant history, great unit mix, and huge value-add potential. Conveniently located near shopping, schools, and commuter routes, this property is ideal for the investor looking for a 1031 exchange, a cash-flow reposition, or simply to add a solid income property to their portfolio. Opportunities like this- 4 full sized 3-bedroom units on one lot- don't come around often!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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
| Price | $1,175,881 CAD | Lot Size | 0.22 AC |
| Price Per Unit | $293,970 CAD | Building Size | 3,600 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 6.10% | No. Stories | 1 |
| No. Units | 4 | Year Built | 1976 |
| Property Type | Multifamily |
| Price | $1,175,881 CAD |
| Price Per Unit | $293,970 CAD |
| Sale Type | Investment |
| Cap Rate | 6.10% |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.22 AC |
| Building Size | 3,600 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1976 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 4 | $2,628 CAD | 900 |
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671 Greystone Ln - 671 Greystone
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