Renaissance Riverside Apartments-Tremendous turn-key opportunity to secure this flagship mid-century modern in the heart of Riverside. (8) 2/1 units. Completely remodeled with smart high end upgrades. Quartz countertops, SS appliances-Frigidaire Gallery refrigerator, stove, built-in MW, DW, double sink, disposal. Over-sized 42” cabinetry. Elfa closet systems. Washer/dryers in each unit.
These upscale units are attracting an excellent tenant profile. Rent escalations with every new lease. **Airbnb opportunity. When previously operated as an Airbnb, gross revenue exceeded $20,000/mo. Covered parking. A+ location, high walkability score, 1 block walk to the river, Publix & Starbucks, restaurants, shopping. Less than 2 miles to downtown and the surrounding billions in projects going on. Owner locks in immediate income at closing and will continue to be rewarded as a solid long term investment.
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