Log In/Sign Up
Your email has been sent.
Tuscany Villas 703 Allegheny St 40 Unit Apartment Building $17,047,653 CAD ($426,191 CAD/Unit) 5.70% Cap Rate Beaumont, CA 92223
Investment Highlights
- Price Reduced $855,000!
- Priced below replacement cost at under $187 per foot
- Central AC/heat & individual hot water heaters
- Built in 2008 as condominiums (individual parcels)
- Day One 5.7% Cap Rate
- 100% 3 & 2 bedroom townhouse units w/ connecting 2 & 3 car garages
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$1,509,090
|
$23.49
|
| Other Income |
$18,539
|
$0.29
|
| Vacancy Loss |
$45,829
|
$0.71
|
| Effective Gross Income |
$1,481,800
|
$23.06
|
| Taxes |
$190,429
|
$2.96
|
| Operating Expenses |
$362,500
|
$5.64
|
| Total Expenses |
$552,930
|
$8.61
|
| Net Operating Income |
$928,870
|
$14.46
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,509,090 |
| Annual Per SF | $23.49 |
| Other Income (CAD) | |
|---|---|
| Annual | $18,539 |
| Annual Per SF | $0.29 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $45,829 |
| Annual Per SF | $0.71 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,481,800 |
| Annual Per SF | $23.06 |
| Taxes (CAD) | |
|---|---|
| Annual | $190,429 |
| Annual Per SF | $2.96 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $362,500 |
| Annual Per SF | $5.64 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $552,930 |
| Annual Per SF | $8.61 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $928,870 |
| Annual Per SF | $14.46 |
Property Facts
| Price | $17,047,653 CAD | Building Class | B |
| Price Per Unit | $426,191 CAD | Lot Size | 2.45 AC |
| Sale Type | Investment | Building Size | 64,254 SF |
| Cap Rate | 5.70% | Average Occupancy | 97% |
| Gross Rent Multiplier | 11.3 | No. Stories | 3 |
| No. Units | 40 | Year Built | 2008 |
| Property Type | Multifamily | Parking Ratio | 1.56/1,000 SF |
| Property Subtype | Apartment | Parcel Number | 419-161-041 |
| Apartment Style | Garden | ||
| Zoning | R3 | ||
| Price | $17,047,653 CAD |
| Price Per Unit | $426,191 CAD |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| Gross Rent Multiplier | 11.3 |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.45 AC |
| Building Size | 64,254 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built | 2008 |
| Parking Ratio | 1.56/1,000 SF |
| Zoning | R3 |
| Parcel Number | 419-161-041 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Patio
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 16 | $3,259 CAD | 1,759 |
| 3+2.5 | 24 | $3,067 CAD | 1,346 - 1,962 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Tuscany Villas | 703 Allegheny St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.