Rogue Valley Village
3761 South Pacific Highway, Medford, OR, 97501, US
PLN 13,216,000 | 76 units
Asset 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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Attributes
Number of units
440
Year built
1987
Building area net
27,955 m²
Media
Investment Highlights
- 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 ±$175/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
Contact brokers
Reserve at Chino Hills Sales (0 Properties)
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Last updated
27 Jan 2025
