$3,100,000
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.
Listed by DARREN CORREA with LE INVESTMENT GROUP
MLS Property Type
Residential Income
Property Subtype
Apartment
Status
Active
MLS Number
IV26202945
Year Built
1928
Building Size
11,182 sq ft
Units
20
Lot Size
6,534 sq ft
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