Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

20

Building size

11,182 sqft

Lot size

0.15 sqft

Year built

1928

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

27

MLS #

247171810

About this property

CREATIVE FINANCING AVAILABLE. CALL FOR DETAILS. 901 N Arrowhead Avenue presents a 20-unit multifamily investment opportunity in San Bernardino. The property consists of eighteen one-bedroom/one-bathroom units and two two-bedroom/one-bathroom units totaling approximately 11,182 rentable square feet. Offered at $2,999,000 ($149,950 per unit), the property provides a 6.10% current CAP rate with upside to a 6.76% pro forma CAP rate. Additional features include gated access and master metered gas, electricity and water. Conveniently located near Downtown San Bernardino with access to I-215, I-210, and I-10, as well as nearby shopping, dining, healthcare, public transportation, and employment centers throughout the Inland Empire.

Location

901 N Arrowhead

San Bernardino, San Bernardino, CA, 92410