1414-1446 E Citrus St - Apartments FOR SALE
San Bernardino, CA 92404 |
1414-1446 E Citrus St
San Bernardino, CA 92404
HIGHLIGHTS
- Attractive Offering Actual CAP Rate of 6.08% / ProForma CAP Rate of 6.70% / ProForma CAP Rate is Based on Leveling Off Current Rents
- Extra Large Units 850+ Sq. Ft. All 2-bedroom units / Priced below replacement cost at $226.39 per Sq. Ft.
- Rental Comparables Illustrate a 98% Occupancy Area / The Property is Currently 100% Occupied, With Well-Qualified Tenants
- Upgraded units with granite countertops, new cabinetry and luxury vinyl plank flooring in majority of the units.
- Well-Maintained Onsite Laundry / Providing Additional Annual Income
- Ample Onsite Parking With Covered Carport Parking / Property is Fully Fenced
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Cedarwood Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
30898
STORIES
2
YEAR BUILT
1963
PARKING SPACES
48
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
0155-451-09
