2294 Kendall Dr - Apartments FOR SALE


San Bernardino, CA 92407
$10,000,000 USD
562-818-2120
2294 Kendall Dr, San Bernardino, CA for Sale
$10,000,000 USD
Apartments - FOR SALE
1/8
null | 4.02% Cap Rate

2294 Kendall Dr
San Bernardino, CA 92407


HIGHLIGHTS

  • New exterior Stairways and ramps, new vinyl windows in most units, and 20 new kitchens.
  • Ample parking for both tenants and guests.
  • The property is located near Cal-State San Bernadino College and the 210 Freeway.

OVERVIEW

2294 Kendall Drive is a 41-unit apartment property on an oversized lot of 147,668 SF in San Bernardino, California. This rare property consists of 11 individual structures with a total of 41 units. Each unit is a 2 bedroom with one and a half baths. In recent years management has spent approximately $450,000 in capital expenditures. For example: new exterior stairways and ramps; new vinyl windows in most units; and 20 new kitchens. During hot summer nights, the complex offers significant green space for both tenants and pets to roam the complex and appreciate local scenery. During higher temperatures tenants can enjoy the onsite swimming pool. The property offers ample parking for both tenants and guests. This property is well located near Cal-State San Bernardino College and the 210 Freeway.

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

41

PRICE/UNIT

$243,902

CAP RATE

4.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Athena Garden Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

77

LAND DETAILS

LAND ACRES

3.39 AC

LAND SF

147,668 SF

ZONING

RU

APN/PARCEL ID

0261-231-27

ASK ABOUT THIS PROPERTY

Jim AriasInco CommercialMore Info
562-818-2120

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Jim AriasInco CommercialMore Info
562-818-2120

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.