Description
Well maintained 14 units with a mix of 3 studios, 9 one bedrooms, and 2 two bedrooms, all with one bath. Mostly long-term tenants. Close to San Bernardino High School and the 215 freeway. 5.37% cap rate on actual rents and expenses. HUGE upside in rents. Long-term owner has left rents low. Market GSI is $201,000. Market GRM is 8.95. Market cap rate is 9.16%. Well maintained 14 units with a mix of 3 studios, 9 one bedrooms, and 2 two bedrooms, all with one bath. Mostly long-term tenants. Close to San Bernardino High School and the 215 freeway. 5.37% cap rate on actual rents and expenses. HUGE upside in rents. Long-term owner has left rents low. Market GSI is $201,000. Market GRM is 8.95. Market cap rate is 9.16%.
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1BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Well maintained 14 units with a mix of 3 studios, 9 one bedrooms, and 2 two bedrooms, all with one bath. Mostly long-term tenants. Close to San Bernardino High School and the 215 freeway. 5.37% cap rate on actual rents and expenses. HUGE upside in rents. Long-term owner has left rents low. Market GSI is $201,000. Market GRM is 8.95. Market cap rate is 9.16%. Well maintained 14 units with a mix of 3 studios, 9 one bedrooms, and 2 two bedrooms, all with one bath. Mostly long-term tenants. Close to San Bernardino High School and the 215 freeway. 5.37% cap rate on actual rents and expenses. HUGE upside in rents. Long-term owner has left rents low. Market GSI is $201,000. Market GRM is 8.95. Market cap rate is 9.16%.
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