$3,360,000 USD
714-814-2088
901 N Arrowhead Ave
San Bernardino, CA 92410
Downtown San Bernardino
HIGHLIGHTS
- 20-Unit Apartment Community with Desirable 18 One-Bedroom / 2 Two-Bedroom Unit Mix
- Offered at an Attractive Basis of $168,000 Per Unit with Strong In-Place Cash Flow and Rental Upside
- Strong In-Place Cash Flow with Additional Rental Upside
- Current 5.41% CAP Rate with Upside to a 5.86% Pro Forma CAP Rate Through Continued Rental Growth
- Excellent Freeway Access to I-215, I-210 & I-10 Near Major Employers & Medical Centers
- High-Demand Inland Empire Workforce Housing Investment Opportunity
OVERVIEW
901 N. Arrowhead Avenue is a well-maintained 20-unit apartment community offering strong in-place cash flow and future rental upside. Located in the heart of San Bernardino with convenient access to major freeways, employment centers, healthcare, and retail amenities, the property presents an excellent opportunity to acquire a stabilized workforce housing asset in a high-demand Inland Empire rental market.
FOR SALE DETAILS
PRICE
$3,360,000 USD
PRICE/SF
$300 USD /SF
# OF UNITS
20
PRICE/UNIT
$168,000
CAP RATE
5.41%
% LEASED
90%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1932
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.15 AC
LAND SF
6,534 SF
ZONING
RM, San Bernardino
APN/PARCEL ID
0140-161-22
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714-814-2088
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714-814-2088
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