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901 N Arrowhead Ave
San Bernardino, CA 92410 Downtown San Bernardino

$3,360,000 USD

Apartments For Sale  •  11,182 SF

Property Details

  • Property Type Apartments
  • Total Building Size 11,182 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1932
  • Zoning RM, San Bernardino
50 Transit Score
50 Walk Score

Highlights

20-Unit Apartment Community with Desirable 18 One-Bedroom / 2 Two-Bedroom Unit Mix
Offered at an Attractive Basis of $168,000 Per Unit with Strong In-Place Cash Flow and Rental Upside
Strong In-Place Cash Flow with Additional Rental Upside
Current 5.41% CAP Rate with Upside to a 5.86% Pro Forma CAP Rate Through Continued Rental Growth
Excellent Freeway Access to I-215, I-210 & I-10 Near Major Employers & Medical Centers
High-Demand Inland Empire Workforce Housing Investment Opportunity

Public Transportation

Commuter RailDriveWalkDistance
San Bernardino - Downtown Metrolink Station (Metrolink Inland Empire-Orange County Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains) 4 min - 1.6 mi
San Bernardino (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.1 mi
AirportDriveWalkDistance
Ontario International 30 min - 22.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Albert Le 714-814-2088 Le Investment Group
Albert Le 714-814-2088 Le Investment Group