Mountain Avenue Apartments

2991 Mountain Avenue San Bernardino, CA



Close of Escrow: 04/20/2017

Total Number of Units: 40

Year Built: 1980

Sale Price: $2,945,000

Price per Unit: $73,625

Price per Square Foot: $102.98

CAP Rate: 6.73%

GRM: 8.23

Unit Type

1Bdr 1Bath

2Bdr 1Bath

No. of Units



Le Investment Group was proud to present the Seller of this 137 unit portfolio sale. This property represented 40 units of the portfolio and is composed of 20 one bedroom / one bathroom units and 20 two bedroom / 1 bathroom units.