1120 Holt Blvd, Ontario, CA 91761
65 Unit Apartment Building | $10,900,000 ($167,692/Unit) | Ontario, CA 91761
For Sale
Active
Asking Price $10,900,000
- Property Type
-
Multifamily
- Square Feet
- 20,207 SF
Listing Contacts
Luis Vazquez
Property Overview
Introducing an Affordable Housing Conversion Opportunity in Ontario, CA. This 20,207 SF building, well maintained with a concrete driveway, houses 65 Rooms, presenting an ideal setup for Affordable Housing. Built in 1988, this property boasts excellent street exposure, offering high visibility and strategic positioning in a path of progress. Its prime location near Ontario Airport and retail establishments underlines its desirability. With the potential for tax credits and a strong foundation for long-term ownership, this property represents a promising venture for investors seeking a lucrative foothold in the vibrant hospitality sector.
Property Details
- Class
- C
- Stories
- 2
- Property Subtype
- Dormitory
- Lot Size (sq. ft)
- 45,302 SF
- Units
- 65
Highlights
- Potential Tax Credit Property - 10 Years Plus Ownership
- Excellent Street Exposure - Across Street from Newer Apartment Building and Commercial/Office
- Path of Progress with New Development near Subject Property
- Well Maintained Property with Concrete Driveway
- Near Ontario Airport/Highway 10 and 60
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