278 N 11th Ave - Apartments FOR SALE


Upland, CA 91786
$5,688,000 USD
424-215-1580
278 N 11th Ave, Upland, CA for Sale
$5,688,000 USD
Apartments - FOR SALE
1/12
null | 4.23% Cap Rate

278 N 11th Ave
Upland, CA 91786


HIGHLIGHTS

  • Strategic Regional Connectivity – Prime foothill location providing seamless dual-market access to the IE and Los Angeles.
  • Robust Economic Foundation – Proximity to Ontario International Airport and major transit corridors anchors the property in a high-growth employment h
  • Premium Tenant Profiles – Large-format units with command top-tier rents and high-credit residents.
  • High-Growth Dynamics – Upland captures sustained lifestyle migration from coastal counties, ensuring long-term occupancy demand.
  • Optimized Modern Construction – New-build efficiencies and smart tech minimize CapEx while maximizing net operating income.
  • Favorable Investment Profile – A stable core acquisition ideal for 1031 exchanges with strong appreciation potential.

OVERVIEW

278 North 11th Avenue offers investors the opportunity to acquire a newly constructed, stabilized eight-unit multifamily property in Upland, CA; an Inland Empire city benefiting from sustained population growth, economic expansion, and excellent regional connectivity. Situated on an 0.4117 AC lot, combines yield, quality, and long-term market resilience. The property consists of 20 bedrooms and 18 bathrooms distributed among 8 units.

FOR SALE DETAILS

PRICE

$5,688,000 USD

PRICE/SF

$334 USD /SF

# OF UNITS

8

PRICE/UNIT

$711,000

CAP RATE

4.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Eleventh 278

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,767 SF

ZONING

-

APN/PARCEL ID

1046-462-27

ASK ABOUT THIS PROPERTY

Aaron SandersNara AdvisorsMore Info
424-215-1580

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Aaron SandersNara AdvisorsMore Info
424-215-1580

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