The Highlands Grand Terrace

Grand Terrace, CA

Investment Highlights

The Highlands was built in two phases and was well constructed with features that were uncommon at the time, including full-size washer/dryers in select homes, private garages, and a full range of modern community amenities. The property’s aesthetic appeal and lack of functional obsolescence makes it an ideal candidate for a value-add interior renovation program. With previous ownership showing a proven value-add opportunity by achieving renovation premiums for a select number of units, TruAmerica plans to capture those premiums on the remaining  267 units that are un-renovated, investing over $5M in order to complete the program. This thoughtful renovation will produce returns that are not easily found in the current economic environment, and it will capture a market which is still in the early stages of recovery.

Property Highlights

The Highlands is a low density, garden-style apartment community located in the city of Grand Terrace, CA. Nestled on a plateau above the I-215, the community offers access to employment centers throughout the booming Inland Empire region, including the nearby cities of Riverside and Loma Linda. This property is less than 4 miles away from Loma Linda University Medical Center, which after undergoing its $1.2B expansion program will add approximately 700 jobs, making it the second largest medical center in California and the highest-ranked hospital in the Inland Empire region.


  • 4 Swimming Pools and Spas
  • 24 Hour Fitness Center
  • Fire Pits
  • Children’s Playground
  • Screening Room
  • Electric Vehicle Stations
  • Private Garages and Carports
PROPERTY CONTACT: (909) 347-6173
PROPERTY EMAIL: http://www.thehighlandsatgrandterrace.com/grand-terrace-grand-terace/the-highlands-at-grand-terrace-apartment-home/guest-card/contact-us/1
10100 Santa Monica Blvd, Suite 400
Los Angeles, CA 90067
(424) 325-2750
TruAmerica Multifamily is a Los Angeles-based investment firm focused on acquiring, renovating, and managing multifamily housing throughout the United States.
Copyright © 2024 TruAmerica Multifamily. All Rights Reserved. Site by Connect Creative.
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