15909 Merrill Ave - Apartments FOR SALE


Fontana, CA 92335
$12,774,805 USD
909-757-1087
15909 Merrill Ave, Fontana, CA for Sale
$12,774,805 USD
Apartments - FOR SALE
1/29
null | 5.5% Cap Rate

15909 Merrill Ave
Fontana, CA 92335


HIGHLIGHTS

  • Be the proud owner of the Merrill Town Homes, a new 2025 construction six-building multifamily community on a well-planned site.
  • Reach retail and dining favorites, including Starbucks, Target, Walmart Supercenter, 24 Hour Fitness, Costco, and Macy's, within a five-minute drive.
  • Featuring 25 brand-new luxury residences with a desirable mix of two-bed, two-bath and three-bed, three-bath units.
  • Located in a growing area with high rental demand, over 36% of households within a 5-mile radius are renter-occupied.
  • Property is a rare find, each unit includes a private backyard, quartz countertops, stainless steel appliances, and a car garage.

OVERVIEW

Introducing Merrill Town Homes at 15909 Merrill Avenue, a brand-new 25-unit luxury apartment community in the rapidly growing city of Fontana, where strong rental demand and a prime location create an exceptional investment opportunity. This modern development comprises six beautifully designed buildings and offers 25 spacious units. Five units feature two bedrooms and two bathrooms, while 20 units offer three bedrooms and three bathrooms, ideal for families and professionals. Each unit boasts contemporary finishes, thoughtful layouts, and the rare amenity of its own private backyard, enhancing tenant comfort and appeal. Located in desirable San Bernardino County, this apartment community offers exceptional connectivity with quick access to Interstates 10 and 15 and State Routes 66 and 210. For those looking to travel even further, the Ontario International Airport is 11 miles away, providing connections domestically and internationally. Everyday needs are within easy reach, residents enjoy a short drive to shopping, dining, and entertainment at downtown, Empire Center, and Ontario Mills Mall. This property is less than a mile from the Fontana High School, Champions at Citrus Elementary School, Chaffey College Fontana Campus, and Kaiser Permanente Medical Center, placing quality education and essential healthcare within proximity to home. The surrounding area is a major employment corridor, home to large distribution centers for The Home Depot, Walmart, Amazon, and more. With Merrill Town Homes' 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

$12,774,805 USD

PRICE/SF

$300 USD /SF

# OF UNITS

25

PRICE/UNIT

$510,992

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 Notice.