1050 North Waterman Avenue

San Bernardino, CA

Status:

Sold

Close of Escrow: 12/01/2010

Market Time: 83 Days

Activity ID: R008D129

Year Built: 1950

Sale Price: $230,000

Price per Square Foot: $58.97

CAP Rate: 4.40%

Downpayment: $120,000 (52%)

Net Operating Income: $10,120

Lot Size: 0.18 Acres

Gross Leasable Area: 3,900

Unit Type

All Shoes

VP Water

Special Moments Bridal

Huong’s Video & Gifts

No. of Units

6

3

The Waterman strip retail offers a new investor the opportunity to create value through improved management and by increasing the present lease rates.