Big Bear 8-Unit Portfolio
Type: Multifamily
305 W Mojave Blvd., & 301 W Sherwood Blvd., Big Bear City, CA 92314
Total Number of Units: 8
Year Built: 1988/1970
Sale Price: $1,595,000
Price per Unit: $199,375
Price per Square Foot: $222.61
CAP Rate: 6.55%
GRM: 13.50
Downpayment: $638,000
Net Operating Income: $104,546
Rentable Square Feet: 7,165
Lot Size: 0.46
Unit Type
2B1.5B
2B1B
1B1B 5FR
2B1B
1B1B
No. of Units
3
1
1
2
1
Le Investment Group is proud to present a prime investment opportunity at 305 W Mojave & 301 Sherwood, Big Bear City, CA. Built in 1988/1970, this well-maintained properties feature three buildings with eight units: six spacious two-bedroom units (approx. average 1,125 sq. ft. each) and two one-bedroom, one-bathroom units (approx. average 707 sq. ft. each). The property also consists of 15 income producing storage units.
