901 N Arrowhead, San Bernardino, CA 92410
- $3,100,000
- List Price
- $3,100,000
- Status
- ACTIVE
- MLS#
- IV26202945
- Year Built
- 1928
- Lot Size
- 6,534
- Acres
- 0.15
- Lot Location
- 16-20 Units/Acre
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
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 $3,100,000 ($155,000 per unit), the property provides a 6.01% current CAP rate with upside to a 6.51% 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.
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 20
- Gross Scheduled Income
- $317,076
- Operating Expense
- 127173
Listing courtesy of Listing Agent: DARREN CORREA (darren.correa@leinvestmentgroup.com) from Listing Office: LE INVESTMENT GROUP.
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