Reserve at Chino Hills Sales_Actifs en vente

4200 Village Dr, Chino Hills, CA, 91709-2770, US

Reserve at Chino Hills Sales

Description

JLL, as exclusive advisor, is pleased to present for sale, Reserve at Chino Hills (the “Property” or “Reserve”) a 482-unit, value-add multi-housing opportunity consisting of 440 units constructed in 1987 and 42 newly constructed townhomes. Reserve presents the rare opportunity to acquire a one-of-a-kind, operationally sound asset with proven upside in a highly

desirable Southern California location. The Property is well-positioned within the affluent Inland Empire city of Chino Hills at the junction of Los Angeles, Orange, San Bernardino, and Riverside counties.

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Caractéristiques de l'actif

Nombre d'unités

482

Année de construction

1987

Surface de l'actif Net

33 752 m²

Média

Points clés d'investissement

Operationally Sound Asset With Extended History of Outperformance
Differentiated Product Featuring 42 Newly Constructed Townhomes Highlighted By an Impressive Lease Up
Proven Value-Add Opportunity Offering ±$170/Unit/Mo Renovation Premium Across the Remaining ±72% Unrenovated Units, Capturing Pent-Up Demand From Chino Hills’ Affluent Resident Base and Lack Of Rental Supply
Unmatched Suburban Southern California Location with Immediate Access to Employment, Education, Retail and More
Robust Local Multi-Housing Fundamentals Further Fueled By Limited Short Term Supply and Runaway Home Affordability
Burgeoning Inland Empire Economy Continues to Outperform with Further Growth Prospects and Demand Drivers