716 West Phillips Street

Highlights:

• Spacious Units: Each unit features 2 bedrooms and 2.5 bathrooms, providing ample living space.
• Modern Amenities: Equipped with central A/C, heating, laundry hookups, garbage disposal, and dishwasher.
• Private Outdoor Spaces: Includes a porch and balcony for each unit, offering residents personal outdoor areas.
• Attached Garages: Each unit comes with a 2-car garage, providing secure parking and additional storage.
• Nearby Amenities: Close to shopping centers, schools, and recreational parks, enhancing the quality of life for residents.
• Appreciation Opportunities: Ontario's ongoing development and infrastructure improvements suggest potential for property value appreciation.
• Tenant Demand: The property's proximity to educational institutions and employment centers ensures a steady pool of prospective tenants.

Description:

Presenting a prime investment opportunity in Ontario, CA, this impressive multifamily property boasts a 17,070 SF building with 15 units, offering significant potential for a prospective Multifamily / Low-Rise/Garden investor. Built in 1984, the property's enduring charm is matched by its exceptional 100% occupancy rate, highlighting its desirability and income-generating potential. With a strategic location in the heart of Ontario, investors will appreciate the strong appeal of this property within the thriving local market. Don't miss the chance to capitalize on this turnkey investment with a successful track record and promising future prospects.

Located in the bustling city of Ontario, CA, this desirable property offers an unbeatable location for prospective Multifamily investors. The surrounding area is brimming with vibrant energy and numerous points of interest, such as the Ontario Mills Mall, with its array of retail and dining options, and the Cucamonga-Guasti Regional Park, providing ample opportunities for outdoor activities. Additionally, the Ontario Convention Center is just moments away, making the location ideal for businesses seeking a prime commercial space. With its strategic positioning and nearby attractions, the area presents an exciting opportunity for investors to capitalize on the thriving Ontario market.

Strategic Position: Situated in the heart of Ontario, offering convenient access to major highways and transportation hubs.
Proximity to Educational Institutions: Located near several colleges and universities, enhancing rental demand from students and faculty.
Access to Public Transit: Close to Metrolink stations and bus routes, facilitating easy commuting.

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