23925 Eucalyptus, Moreno Valley, CA 92553

• 77,203 sqft

Property Description

We are proud to exclusively present North Woods Apartments, a unique 98-unit multifamily community located at 23925 Eucalyptus Avenue, Moreno Valley. North Woods Apartments is a turnkey asset and a compelling investment offering the potential for strong day one returns. The offering provides a significant financial advantage with an assumable fixed-rate loan in place through 2031, allowing an investor to lock in stable, long-term debt. This is a top producing property with in-place rents already near market value, establishing a strong financial foundation with a current cap rate of 6.04%, a current GRM of 9.76, and a current total cash return of 9.57%. The property, built in 1986, consists of 28 buildings with a total building size of approximately 77,203 square feet, situated on an expansive approximately 285,754 square foot lot. The community offers a favorable unit mix with an average unit size of approximately 789 square feet. All units are well-appointed, featuring amenities such as central air and heat, a private patio/ balcony, hardwood floors, large closets, and a dishwasher, with select units also featuring a washer/dryer hookup. North Woods Apartments is a pride of ownership community offering an array of attractive common area features including a pool, courtyard, lau

Listing Status:

Active

Date Added:

November 17, 2025 at 06:00AM

Listing Office:

CB RICHARD ELLIS : 909-418-2000

Listing Agent:

Eric Chen : 909-418-2071

MLS ID:

CRCV25261976

Interior

• Laundry: Other
• A/C: Central Air
• Heating: Other

Location

• County: Riverside

Lot

• Zoning: 296092031

This listing courtesy of Eric Chen, CB RICHARD ELLIS