4240 Hallmark Parkway
San Bernardino, CA
Status:
Sold
Close of Escrow: 05/19/2016
Market Time: 2 Months
Year Built: 1989
Sale Price: $1,075,000
Price per Square Foot: $118.86
CAP Rate: 6.3%
GRM: 8.25
Downpayment: $1,075,000
Net Operating Income: 67,742
Rentable Square Feet: 9,044
Lot Size: 0.96 Acres
Unit Type
Office Building
Le Investment Group was pleased to present the Hallmark Plaza II, an approximately 9,000 sq. ft. office building located in the City of San Bernardino, California. This investment provides an owner/user or an investor the opportunity to acquire a REO/banked owned asset at an attractive price of $118.86/square foot with a projected capitalization rate of 6.30%.
