Historical Multifamily Sale Listing - Village Green Apartments

Multifamily For Sale

This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, San Bernardino, CA or California

Village Green Apartments

2122 West Chestnut Street, San Bernardino, CA 92410

N/A

184 Units | Multifamily

  • Print

Multifamily Property - Off Market

Price:
N/A
No. Units:
184
Building Size:
172,880 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Year Built:
1968
Lot Size:
18.75 AC
APN / Parcel ID:
0142-361-21
Listing ID
16944276
Last Updated
over 1 year ago

Highlights

  • Low Income Housing Tax Credits (LIHTC)
  • 9.5% Return on Investment
  • 65-Unit HAP Contract
  • Large Two- & Three-Bedroom Units
  • Garages and Covered Parking
  • 18.75-Acre Beautifully Landscaped Community

Description

Click the above "Property Website" Link for the Marketing Materials and Doc Center.

Village Green is a 184-unit apartment community built in 1968, the property was extensively renovated in 1999 and consists of 40 one- and two-story, wood frame and stucco buildings with pitched roofs. The excellent unit mix is 104 two-bedroom, one-bath units, 2 three-bedroom, one-bath units and 80 three-bedroom homes on over 18 acres of land. Village Green provides open spaces in a very well-maintained community. Units offer private patios and backyards (downstairs units), window coverings, air conditioning and heat, refrigerators, and gas ranges. The common area amenities feature a courtyard, two swimming pools, barbeque area, two playground areas, a full-sized basketball court, and four onsite laundry facilities. The property provides gated access and a courtesy security patrol. There are 45 detached garages, 82 carport spaces, 51 open parking spaces, and 2 handicap spaces onsite.

The city of San Bernardino is situated along the I-10 and I-215 freeways in the southern San Bernardino County area of the Inland Empire. Historically, the Inland Empire has been the leading job growth region in Southern California. The Southern California Association of Governments projects that the Inland Empire will add more than 1 million new jobs between 2010 and 2035. With several major development projects underway or in the planning stages, San Bernardino is poised for strong job and population growth in the years ahead.

Map of 2122 West Chestnut Street, San Bernardino, CA 92410 (San Bernardino County)

Research for 2122 West Chestnut Street, San Bernardino, CA 92410 (San Bernardino County)

  • Demographics – Population, income & other demographics near 2122 West Chestnut Street
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building