15909 Merrill Ave - Apartments FOR SALE


Fontana, CA 92335
$12,775,000 USD
909-757-1087
15909 Merrill Ave, Fontana, CA for Sale
$12,775,000 USD
Apartments - FOR SALE
1/2
null | 5.5% Cap Rate

15909 Merrill Ave
Fontana, CA 92335


HIGHLIGHTS

  • 25 Brand New Luxury Units
  • 6 Modern Buildings on a Well-Planned Site
  • 5 Units; 2 Bed / 2 Bath, 20 Units; 3 Bed / 3 Bath with 20 separate APN's
  • Each Unit Includes a Private Backyard
  • Located in a Growing Area with High Rental Demand
  • Close to Schools, Shopping and Freeway Access

OVERVIEW

Introducing a brand-new 25-unit luxury apartment community located in the rapidly growing city of Fontana, where strong rental demand and a prime location create an exceptional investment opportunity. This modern development consists of six beautifully designed buildings, offering a total of 25 spacious units—5 units feature 2 bedrooms and 2 bathrooms, while 20 units offer 3 bedrooms and 3 bathrooms, ideal for families and professionals alike. Each unit boasts contemporary finishes, thoughtful layouts, and the rare amenity of its own private backyard, enhancing tenant comfort and appeal. With its strategic location near schools, shopping, and major freeways, this property stands out as a high-performing asset in a thriving rental market.

FOR SALE DETAILS

PRICE

$12,775,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

25

PRICE/UNIT

$511,000

CAP RATE

5.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Merrill Town Homes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,457 SF

ZONING

R2

APN/PARCEL ID

0233-511-21

ASK ABOUT THIS PROPERTY

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909-757-1087

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Shareef AwadEmaar EnterpriseMore Info
909-757-1087

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.