$900,000
$960,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 06/25/2019
Key Details
Sold Price $900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV19010332
Sold Date 06/25/19
HOA Y/N No
Year Built 1938
Lot Size 0.314 Acres
Property Description
Property Highlights; Competitive Offering Actual CAP Rate of 6.05 % With a Pro Forma CAP Rate of 6.34 %. Competitive Offering a GRM of 11.11 With a Pro Forma GRM of 10.16. Conservative 5% Upside in Potential Rent Income. The asset is 100 % Occupied, With Long Term Tenants, Rental Comparables Illustrate a 100 % Occupancy Area. Located in a Quiet Residential Neighborhood. Non-Rent Control Community & Area. Gated Entry for Residents. 1091-1101 North F St. Apartments are situated on two separate lots. This nine unit apartment community is composed of 9 one bedroom / one bathroom units.
Seller is willing to sell separately the 6 units and triplex.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Fireplace No
Laundry Inside
Exterior
Parking Features Driveway, Electric Gate, Gated
Pool None
Community Features Curbs, Street Lights, Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description 6-10 Units/Acre, Near Public Transit
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 0140041350000
Energy Description 150.0
Acceptable Financing Submit
Listing Terms Submit
Financing Cash to Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Ramon Cardenas Jr • Realty Executives Com. & Res.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
24251 Town Center Dr Suite 201, Valencia, California, 91355, United States