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Multifamily

The Benson

Upland, CA

236 Units

Built in 1973

Value Add

Investment Highlights

  • OUTSTANDING VALUE-ADD OPPORTUNITY - Current ownership has completed many of the exterior and common area capital needs so investors can focus on interior upgrades.
  • THE INLAND EMPIRE IS EXPERIENCING UNPARALLELED GROWTH: GDP Growth Forecast (2021): +9.00% (12.5% higher than US GDP Forecast), Population Growth (2010-2020): +8.87% (346% higher than LA County).
  • LIMITED DEVELOPMENT PIPELINE = CONTINUED HOUSING UNDER SUPPLY There are no multifamily projects under construction or in planning in the City of Upland despite the favorable demographics.

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