505 E Rialto Ave - Apartments FOR SALE


San Bernardino, CA 92408
$13,500,000 USD
909-509-5916
505 E Rialto Ave, San Bernardino, CA for Sale
$13,500,000 USD
Apartments - FOR SALE
1/32
null | 5.31% Cap Rate

505 E Rialto Ave
San Bernardino, CA 92408


HIGHLIGHTS

  • 2022 Construction (CA rent control exempt)
  • Excellent unit mix of 2, 3, and 4 bedroom with very spacious floorplans
  • Washer & Dryer hookups in every apartment with stainless steel appliances
  • RUBS implemented (individual metered utilities, including water)
  • Heart of Inland Empire near Amazon distribution centers and Loma Linda University

OVERVIEW

The Echo Apartments are located in a prime location situated in the heart of San Bernardino, near major highways, San Bernardino International Airport, universities, and several Amazon distribution centers minutes away. Prime Unit Mix: spacious 2, 3, and 4-bedroom apartments with modern finishes, including stainless steel appliances, full-sized washer and dryer, plank flooring, and large covered patios. Community Amenities: State-of-the-art multi-sport court, covered parking, controlled access, professional on-site management, and 24-hour maintenance. Strong Market Demand: High occupancy rates and competitive market rents in a growing area.

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$254 USD /SF

# OF UNITS

38

PRICE/UNIT

$355,263

CAP RATE

5.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Echo Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

112

LAND DETAILS

LAND ACRES

2.88 AC

LAND SF

125,453 SF

ZONING

Residential Medium High

APN/PARCEL ID

0136-302-56

ASK ABOUT THIS PROPERTY

John StephensStephens Commercial Real EstateMore Info
909-509-5916

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John StephensStephens Commercial Real EstateMore Info
909-509-5916

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