MLS #OC26002910

703 Allegheny #1-40

Beaumont, CA 92223

List Price$11,995,000
106,722Lot Sq Ft

Property Description

***$855,000 Price Reduction***Constructed in 2008, The Tuscany Villas is a 40-unit apartment

community that is managed on-site and offers investors desirable

amenities as it was built as a condominium complex with each

unit situated on its own tax assessor parcel. The property

features 100% two and three bedroom townhouse units with

connecting two and three car gargaes, an uncommon feature

in similar sized, garden-style communities. The townhouses

further distinguish themselves with vaulted ceilings enhancing

natural light and offering a more spacious, modern living

experience. Bordered by Mount San Gorgonio and Mount

San Jacinto, Beaumont is one of the fastest-growing cities in

Riverside County. This combination of location, design, and

amenities ensures strong renter demand and positions the

property for substantial rent and income growth as units are

brought to market levels. 100% 3 & 2 bedroom townhouse units

• Connecting 3 & 2 car garages

• Built in 2008 as condominiums

(individual parcels)

• Well managed with on-site management &

excellent tenant profile

• Sparkling pool, spa, playground & BBQ area

• Priced below replacement cost at

under $187 per foot

• Spacious units offering 3 different floor plans

• Average of ±1,606 square foot units

• Central AC/heat & individual hot water heaters

• Large ±2.45 Acre parcel

• ±1 mile with easy access to the I-10 freeway