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

25

Building size

33,471 sqft

Lot size

81,617 sqft

Year built

2025

Stories

2

Garage spaces

40

Heating

Central

Cooling

Central Air

Pool

None

View

Mountain(s)

Status

Active

Days on market

0

MLS #

248018494

About this property

RARE INVESTMENT OPPORTUNITY! BRAND-NEW 25-UNIT LUXURY TOWNHOME COMMUNITY IN THE HEART OF FONTANA! Completed in 2025 and 100% occupied since completion, Merrill Townhomes offers an exceptional opportunity to acquire a turnkey, income-producing investment property in a highly desirable rental location. Conveniently located near schools, shopping, restaurants, and major freeways. This unique development features 25 residential units on 20 individually subdivided parcels, consisting of 15 individual condominiums and 5 condominiums with ADUs, distributed among 6 buildings. The property offers 33,471 SF of living area, 9,160 SF of garage space, 909 SF of covered porches, 285 SF of covered patios, and 1,666 SF of balconies. Twenty units feature private two-car garages. STATE-OF-THE-ART CONSTRUCTION WITH EXTENSIVE LUXURY UPGRADES! Features include decorative stamped concrete walkways and parking areas, concrete backyard patios, block-wall privacy divisions, premium hard-surface flooring throughout, upgraded cabinetry, countertops, plumbing and lighting fixtures, and glass shower enclosures. An exceptional investment with strong rental demand, modern construction, minimal near-term maintenance, and a unique subdivision configuration. With today’s rising land prices, construction costs, and development fees, a comparable property would be extremely difficult and costly to reproduce. 25 UNITS | 20 SUBDIVIDED PARCELS | BUILT IN 2025 | 100% OCCUPIED | PRIME FONTANA LOCATION!

Location

15909 Merrill Ave

Fontana, San Bernardino, CA, 92335