1319 North Acacia Avenue

San Bernandino, CA

Status:

Sold

Close of Escrow: 07/01/2012

Total Number of Units: 22

Year Built: 1987

Sale Price: $1,000,000

Price per Unit: $45,455

Price per Square Foot: $32.72

CAP Rate: 7.19%

GRM: 5.11

Downpayment: $1,250,000 (50%)

Net Operating Income: $195,839

Rentable Square Feet: 30,560

Lot Size: 30,579 SF

Unit Type

1Bdr 1Bath

2Bdr 1Bath

3Bdr 1 Bath

No. of Units

12

9

1

The property was constructed in 1987 and provides the investor with an excellent unit mix of 12 one-bedroom, 9 two-bedroom and 1 three-bedroom apartments.