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Multifamily

Terracina Apartments

Ontario, CA

736 Units

Built in 1989

Core

Investment Highlights

  • COMPELLING AND SIGNIFICANT VALUE-ADD OPPORTUNITY - Direct competitors in the submarket are achieving $600-$750 premiums on average (post renovation) over the average in-place rents at Terracina.
  • HIGH GROWTH INLAND EMPIRE LOCATION - Rents grew 15.75% over the last 12 months in the Ontario submarket. Year-over-year rent growth is projected to remain strong at nearly 9.00% in 2022.
  • IN THE HEART OF THE ONTARIO RANCH MASTER PLANNED COMMUNITY - In the heart of Ontario Ranch, an 8,200-acre master planned community ranked the #1 selling community in California and #5 nationally.

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