3703 Country Oaks Loop F, Ontario, CA 91761

Property Description

Very good carefully-vetted tenants that have no documented history of evictions, satisfactory credit, and a proven payment track record for this investment. Their lease that expires in August. They pay $1,000 per month, which is at or just a little below the market rate, based on recent historic rates for similar units. The affordable lease rate tends to allow for quicker occupancy, and the extra square footage nicely distinguishes the 1-bedroom units from the studio units, fostering tenant longevity and preference for the larger units, and a higher rental rate for the larger 1 bedroom unit for just a little more investment on the purchase [as opposed to a studio purchase]. This condo is very nicely situated in the complex, and is located in South Ontario's Master Planned Community of Creekside - great for investor or homeowner occupant. This upstairs 1 bedroom, 1 bath unit comes with a 1 car garage (not all units have garages) and all kitchen appliances included. Washer and dryer stackable hookups in the unit. All electric unit, HOA includes water, trash, exterior maintenance, community pool, spa, tennis, park etc. Subject to terms of existing lease.