12 UNIT Apartment Complex -SAN BERNARDINO, CA.
847 N. H St.
San Bernardino, Ca. 92410
Nice Cap, No Rent Control
Wholesale Price $925,000 + fees
Sq.ft 8700,
14,857 Lot
Built in 1964
12 Units, Two-Story Apartments
Close to Shopping and 215 Fwy
11 Occupied, 1 Vacant
Rents are Below the Median
12 Carports, A/C and Wall Heaters
Hard Money Available, Drive By Only
Call Me for Appt.
Submit LOI and POF
Units Actual Pro Forma
Monthly Expenses
1. 1,1...............$ 675.........$ 677
Taxes..............................$ 744
2. 1,1...............$ 610.........$ 677
Insurance........................$ 303
3. 1,1...............$ 650.........$ 677
Water/Trash....................$ 709
4. Mgnt 2,1...............$ 715.........$ 775
8%..........................$ 623
5. 2,1...............$ 725.........$ 775
Edison.............................$ 60
6. 2,1...............$ 725.........$ 775
Landscaping....................$ 75
7. 2,1..............Vacant........$ 775
8. 2,1...............$ 775.........$ 775
9. 2,1...............$ 750.........$ 775
10.2,1...............$ 725.........$ 775
11.2,1...............$ 700.........$ 775
12.3,2...............$ 950.........$1085
$ 8,000 $9,316
$ 2,514
Cap Rate = 7.3% = 9.1%
Wholesale Price.....................$ 925,000 + fees
Please contact me at [email protected]