This Multifamily Property is no longer advertised on LoopNet.com.

9107 Sierra Ave
Fontana, CA 92335

Possible Seller Carry · Multifamily Property For Sale · 6 Units

Apartment Buildings California Fontana 9107 Sierra Ave, Fontana, CA 92335

INVESTMENT HIGHLIGHTS

  • ProForma CAP Rate of 5.21% With a ProForma GRM of 12.68. Current CAP Rate of 4.22%. ProForma CAP Rate is based on achieving market rent rates.
  • Potential to Implement an Onsite Laundry Facility Generating +/- $2,500 Passive Annual Income
  • Favorable Unit Mix (1) 3BR 2BA SFR, (2) 3BR 2BA Unit, (3) 1BR 1BA Unit
  • Seller Carry Option Available
  • Onsite Parking, Common Areas, and Gated Entry. New Roof installed 2022
  • Turn Key, Financeable Asset With Strong Operating Historicals.

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.79 AC
Building Size 5,436 SF
Average Occupancy 100%
No. Stories 1
Year Built 1950

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 3 $1,450 650
3+2 3 $1,875 850 - 1,200

PROPERTY TAXES

Parcel Number 0194-313-06 Improvements Assessment $260,500
Land Assessment $579,700 Total Assessment $840,200
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  • Listing ID: 29707608

  • Date on Market: 10/4/2023

  • Last Updated:

  • Address: 9107 Sierra Ave, Fontana, CA 92335

More public record information on 9107 Sierra Ave, Fontana, CA 92335

The Fontana Multifamily Property at 9107 Sierra Ave, Fontana, CA 92335 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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