7796 Sterling Ave

San Bernardino, CA

Status:

Sold

Close of Escrow: 07/29/2015

Market Time: 2 Months

Total Number of Units: 10

Year Built: 1979

Sale Price: $765,000

Price per Unit: $76,500

Price per Square Foot: $88.54

CAP Rate: 7.17%

GRM: 7.29

Downpayment: 229,500

Net Operating Income: $54,822

Rentable Square Feet: 8,640

Lot Size: 1.00 Acres

Unit Type

2 Bdr Cottage Style Units

No. of Units

10

The property was constructed in 1979 and provides the investor with 10 two-bedroom cottage style apartment unit, on a 1 acre lot.