3943 N H St - Apartments FOR SALE


San Bernardino, CA 92407- Arrowhead
$8,950,000 USD
626-460-0088
3943 N H St, San Bernardino, CA for Sale
$8,950,000 USD
Apartments - FOR SALE
1/33
null | 4.75% Cap Rate

3943 N H St
San Bernardino, CA 92407
Arrowhead


HIGHLIGHTS

  • Walking distance to shopping and public transportation
  • Gated Parking
  • Open green area and pool

OVERVIEW

Presenting a rare opportunity to acquire a 45-unit multifamily property located in the heart of North San Bernardino, an area experiencing steady growth and revitalization. This gated apartment community sits on approximately 1.6 acres of land and features a desirable mix of studio, one-bedroom, and two-bedroom units. The property offers significant upside potential through strategic renovations, rent optimization, and improved management. Each unit is individually metered for electricity and features wall A/C units. The complex includes onsite laundry, ample tenant and guest parking, and open common areas that can be enhanced to improve tenant satisfaction and long-term value. Conveniently located near California State University San Bernardino, major employment centers, and minutes from the 210 and 215 Freeways, the property benefits from consistent rental demand and a growing local population. Investment Highlights: 45 Units: Mix of 1-Bed, and 2-Bed Apartments Large ±1.6 Acre Lot with Development and ADU Potential (Buyer to Verify) Individually Metered for Electric Onsite Laundry & Ample Parking Opportunity to Increase Rents and Modernize Interiors High-Demand Rental Area Near CSU San Bernardino Close Proximity to Schools, Parks, and Public Transit This property is ideal for investors seeking a value-add multifamily asset with scale, cash flow potential, and long-term appreciation in the Inland Empire market. Offered As-Is. Buyer to perform all due diligence.

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/SF

$330 USD /SF

# OF UNITS

45

PRICE/UNIT

$198,889

CAP RATE

4.75%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arrowhead Commons

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

R-3

APN/PARCEL ID

0151-181-03,0265-281-01

ASK ABOUT THIS PROPERTY

Keny ChangKingstone Capital PropertiesMore Info
626-460-0088

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Keny ChangKingstone Capital PropertiesMore Info
626-460-0088

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