Fountain Creek Apartments 3710-3750 E Fountain St 50 Unité Immeuble d’appartements 20 353 525 $ CAD (407 070 $ CAD/Unité) 5,19% Taux de capitalisation Long Beach, CA 90804

Triqor Group is proud to present 3710, 3734 & 3750 Fountain Street, a rare 50-unit, three-building multifamily property in one of Long Beach’s most sought-after rental submarkets. Built in 1986, the portfolio features a highly desirable mix of primarily one- and two-bedroom units, with over half configured as townhome-style layouts, a premium product type that commands above-market rents and drives strong tenant retention. All units are individually metered for gas and electric with individual water heaters, and owner expenses are limited to water and trash only. The portfolio is offered at a 5.2% cap rate with a clear path to 6.9% as the remaining units are renovated and brought to market rents. With approximately half of all units already renovated and a proven rent premium established, an incoming investor steps into a de-risked value-add opportunity with a clear template, manageable execution, and meaningful upside already in motion. The property’s amenity package further supports premium positioning and tenant retention, highlighted by a gated community with automatic entry, a Jacuzzi/spa, security cameras, 60 secured parking spaces, and an on-site laundry
facility, an above-average offering for this price point in the submarket.