72 bedroom house for sale
$6,995,000 - San Bernardino CA 92404Overview
/ 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 unitsHighlights; 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.
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San Bernardino CA 92404
72 bedroom house for sale
- Beds: 72
- Baths: 36
- Price: $6,995,000
- Reference No.: 71661633
- Area: 30,898 sqft
House San Bernardino
This House for sale is located at San Bernardino CA 92404. The home has 72 Bedroom and 36 Bathrooms. This 72 bedroom House in San Bernardino CA is for sale for $6,995,000 .
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2024-05-09, Viewed 1 times.
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2024-05-09, Viewed 1 times.
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