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Listed by Hannah Johnson • Coldwell Banker Envision
$ 4,500,000
Est. payment /mo
Active
San Bernardino, CA 92404
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-25207217
Year Built 1984
Property Sub-Type Multi Family
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Welcome to the Copper Canyon Apartments located at 1525 E Lynwood Ave. San Bernardino, CA. This 25-unit apartment complex features an attractive unit mix of (17) one bedroom / one bathroom units, (8) two bedroom / two bathroom units. The property shows pride of ownership and has been well maintained throughout. Many updates have been done including, exterior paint, new parking asphalt, $14,000 in new commercial washer and dryer in the laundry room, updated units, lush landscaped grounds, sparkling pool, gated entry, carport, leasing office and onsite management. The condition of the property offers investors an asset that will require minimal maintenance for years to come. This property is a great investment that has an actual cap rate of 6.06%.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Laundry See Remarks, Common Area, Community, Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Stackable, Washer Hookup, Washer Included
Building
Lot Description Cul-De-Sac, Value In Land, Yard, Garden, Level, Level with Street, Lot 10000-19999 Sqft, Near Public Transit, Park Nearby, Corner Lot