42221 Main St, Temecula, CA 92590

Property Description

Main Street Apartments is a 16-unit multi-family investment property in the city of Temecula, CA. With two stories and ample parking, Main Street Apartments has an accessible and attractive design. Ten of the units have been fully renovated and are achieving significant rent premiums. Main Street Apartments presents an investor with the opportunity to add value by renovating the remaining six units and taking advantage of the proven upside in rents.
 
 The property also has a phenomenal location, situated adjacent to the historic Old Town Temecula and minutes from other popular destinations. Interstate 15 is easily accessible from Main Street Apartments, connecting it to Riverside, and eventually Las Vegas in the north, and San Diego in the south, creating ease of access between the coast and inland regions. Temecula is an important tourist destination in Southern California, attracting millions of visitors each year. Temecula' s population is growing at a rapid pace. Within 5 miles of Main Street Apartments, the population has almost doubled between the years 2000 and 2014, increasing from 74,674 to 141,120. Main Street Apartments presents the opportunity to purchase a quality property with proven upside in an A+ Temecula location.