About 1066 N Orange Street
We are pleased to announce the offering of Springbrook Park Apartments, a 120-unit multifamily property exceptionally well-located in Riverside, California. Situated at 1100 N Orange Street, the property benefits from a prime position within the thriving Inland Empire market. This strategic location provides investors with direct access to a robust working-class demographic and significant potential for rental upside. Nestled between Nash Street and Columbia Avenue, Springbrook Park Apartments offers residents excellent connectivity to a wide array of amenities, transportation options, and is in close proximity to the University of California, Riverside. This offering represents a compelling opportunity to acquire a well-positioned asset with substantial growth potential in a dynamic Inland Empire submarket. Constructed in 1971 and thoughtfully situated on a generous 6.79-acre parcel, Springbrook Park Apartments is a well-maintained, two-story community spanning 117,840 square feet. Recent capital improvements, including light interior renovations on turned-over units, position the property for significant value add through continued renovations. The community offers a desirable mix of one-bedroom, two-bedroom, and three-bedroom residences designed to meet various tenant needs. Residents enjoy a host of on-site amenities that include a central laundry facility, fitness center, playground, and a basketball court. The property also features controlled access for enhanced security, and mature, lush landscaping creating a pleasant atmosphere. Practical amenities such as ample s
