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Foothill Ridge

Upland, CA

232 Units

Built in 1973

Value Add

Investment Highlights

  • 13.3% YOY rent growth in Upland, and direct competitor achieving rents 35% higher than in-place averages at Foothill Ridge Apartments thereby establishing clear demand for upgrade units.
  • Current ownership has completed many of the exterior and common area capital needs so investors can focus on interior upgrades that will deliver an immediate return on cost.
  • The Property is a 232-unit low-density community that would be impossible to replicate in today's development landscape.

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