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1414 Citrus St | San Bernardino CA | 7265070311

Albert Le

This listing was posted on RealtyWW.

$6,995,000

Home For Sale In San Bernardino, California

Price:
$6,995,000
BR/BA:
2 BR
Location:
1414 Citrus St, San Bernardino, CA
Description:

Highlights; Attractive Offering Actual CAP Rate of 6.08% / ProForma CAP Rate of 6.70% / ProForma CAP Rate is Based on Leveling Off Current Rents / Extra Large Units 850+ Sq. Ft. All 2-bedroom units / Priced below replacement cost at $226.39 per Sq. Ft. / Rental Comparables Illustrate a 98% Occupancy Area / The Property is Currently 100% Occupied, With Well-Qualified Tenants / Upgraded units with granite countertops, new cabinetry and luxury vinyl plank flooring in majority of the units. / Well-Maintained Onsite Laundry / Providing Additional Annual Income / Ample Onsite Parking With Covered Carport Parking / Property is Fully Fenced The 36-unit apartment complex is situated on a large 1.11 acre corner lot. This 36 unit apartment community is composed of all two bedroom / one bathroom units. The current ownerships focus has been on quality improvements. The onsite management has implemented strict rental criteria, which in turn has created a more favorable living environment for working class people and families. The building currently operates at near 100% occupancy.For more details: https://realtyww.info/homes_san-bernardino-d525423/for-sale_i71661633
Property Type:
Single-Family Houses
Sq feet:
850 sq. ft.
Amenities:
Parking
Posted:
May 9 on RealtyWW
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More About this Listing: Home For Sale In San Bernardino, California
Home For Sale In San Bernardino, California is a Two Bedroom Single-Family Homes for Sale at 1414 Citrus St in San Bernardino CA. Find other listings like Home For Sale In San Bernardino, California and listings near 1414 Citrus St by searching Oodle Classifieds for Two Bedroom Single-Family Homes for Sale in San Bernardino CA.