116 North I Street

San Bernardino, CA

Status:

Sold

Close of Escrow: 02/26/2021

Total Number of Units: 2

Year Built: 1940

Sale Price: $275,000

Price per Unit: $137,500

Price per Square Foot: $292.71

CAP Rate: 6.95%

GRM: 10.37

Unit Type

1 Bdr 1 Bath

2 Bdr 1 Bath

Le Investment Group was pleased to present The Algiers Apartments which are situated on a large half acre lot. This twenty unit apartment community is composed of 12 one bedroom / one Bathroom units and 8 two bedroom / one bathroom units. The tenants are provided with onsite laundry and covered secure onsite parking.