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790 Ferrari Ln

Ontario, CA 91764

1 909 294 2593

kris@theapartmentdealer.com

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9 Units in Fontana

15082 Arrow Route, Fontana, CA 92335, USA
Sold for$1,300,000$144,444/Per Unit

Description

Transaction Details

  • Kris Sold the Property for $350,000 More Than What Other Agents Evaluated the Price at
  • Contract Extensions Were Successfully Negotiated Mid-Escrow so the Buyer Could Meet 1031-Exchange Deadlines
  • Huge Upside in Rental Income!
  • Represented Both Buyer and Seller

Property Description

  • 9 Well-Maintained Units Built in 1989
  • Mix of All 2 Bedroom/1 Bathroom Units
  • Tenants Enjoy Plenty of Onsite and Garage Parking
  • Central A/C and Heat Throughout
  • Newer Roof and Upgraded Exterior
  • Proforma GRM: 9.26, Cap Rate: 7.56%
  • Address: 15082 Arrow Blvd
  • City: Fontana
  • State/county: California
  • Zip/Postal Code: 92335
  • Country: United States

Detail

Updated on April 17, 2018 at 9:52 am

  • Price: Sold for $1,300,000
  • Property Size: 6990 SqFt
  • Land Area: 18000 SqFt
  • Year Built: 1989
  • Property Type: Multi Family
  • Property Status: Closed Listing, Sold

Additional details

  • # of Units: 9
  • Unit Mix: 9 (2+1)
  • Cap Rate: 4.85%
  • GRM: 13.05
  • We Represented: Seller/Buyer
  • Close of Escrow: 3/2/18

Features

WalkScore

walkscore28 / Car-Dependent more details here

Contact info

Kristopher German
Kristopher German
(909) 294-2593(909) 645-0443
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