9107 Sierra Ave | Fontana, CA 92335
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- LoopNet Team
9107 Sierra Ave
Fontana, CA 92335
Possible Seller Carry · Multifamily Property For Sale · 6 Units
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 | Lot Size | 0.79 AC |
| Property Type | Multifamily | Building Size | 5,436 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 1950 |
| 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 |
PROPERTY TAXES
Parcel Number
0194-313-06
Land Assessment
$579,700
Improvements Assessment
$260,500
Total Assessment
$840,200
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