2011 Borrego Dr | Barstow, CA 92311
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- LoopNet Team
2011 Borrego Dr
Barstow, CA 92311
Multifamily Property For Sale · 48 Units
Investment Highlights
- Offering to qualified loan buyers the opportunity to acquire a non-performing commercial real estate loan.
- Alfa Apartments is in the city of Barstow within Southern California’s larger Inland Empire region.
- Dynamic rent and population growth in Outlying San Bernardino County, and a healthy 5.1% vacancy rate, have boosted in-market developmental expansion.
- The community of Barstow is home for many workers employed in Victorville, San Bernardino, Ontario and Riverside.
Loan Details
Loan Status
Lien Position
Outstanding Balance
Original Balance
Maturity Date
Original Term
Loan Status
Lien Position
Outstanding Balance
Original Balance
Maturity Date
Original Term
Remaining Term
Interest Rate
Rate Type
Non-Recourse
Cross-Collateralized
90+ Days Delinquent
First
$1,422,507
$1,540,000
4/1/2028
120 Months
90+ Days Delinquent
First
$1,422,507
$1,540,000
4/1/2028
120 Months
38 Months
4.77%
Fixed
Yes
No
Remaining Term
Interest Rate
Rate Type
Non-Recourse
Cross-Collateralized
38 Months
4.77%
Fixed
Yes
No
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 45,866 SF |
| No. Units | 48 | Average Occupancy | 94% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1984 |
| Apartment Style | Garden | Parking Ratio | 2.35/1,000 SF |
| Building Class | C | Zoning Description | RM-2 |
| Lot Size | 2.30 AC | APN / Parcel ID | 0181-132-35 |
| Sale Conditions | Auction Sale |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.30 AC |
| Building Size | 45,866 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 2.35/1,000 SF |
| Zoning Description | RM-2 |
| APN / Parcel ID | 0181-132-35 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Range
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