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- LoopNet Team
176 W 8th St
San Bernardino, CA 92401
Mt. Sierra Apartments · Multifamily Property For Sale
·
34 Units

Investment Highlights
- 1986 Construction
- Central A/C & Heat
- Separately Metered for Gas & Electricity
- Marjority of the Units Two Bedroom Floor Plans
- Individual Water Heaters
- Updated Units
Property Facts
| No. Units | 34 | Building Size | 22,918 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 2.53/1,000 SF |
| Lot Size | 1.03 AC | ||
| Zoning | RM, San Bernardino | ||
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 22,918 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2.53/1,000 SF |
| Zoning | RM, San Bernardino |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Storage Space
- Heating
- Patio
Site Amenities
- Laundry Facilities
About 176 W 8TH ST , SAN BERNARDINO, CA 92401
Marcus & Millichap is proud to exclusively present the opportunity to acquire Mt Sierra Apartments, a 34 unit investment opportunity located in San Bernardino, California. The property was built in 1986 and sits on a lot size of 45,000 square feet and has a building size of 22,918 square feet. The property consists of ( one bedroom/ one bathroom units ( two bedroom/one bathroom units and ( two bedroom/two bathroom floorplans Mt Sierra Apartments features gated controlled access, open space and covered parking with storage and an on site laundry room. All of the units have central air conditioning and heat, individual water heaters and are separately metered for gas and electricity The units also feature private patios or balconies. Located in the Inland Empire the city of San Bernardino serves as one of the Inland Empire's anchor cities that spans 81 square miles and has a population of over 213,000. The city's location at the junctions of interstate 10 215 and SR 210 freeways, positions it as an intermodal logistics hub Large distribution and fulfillment warehouse facilities for Amazon, Stater Bros Pep Boys, and Burlington have been developed near the San Bernardino International Airport. In addition, the Metrolink commuter rail service, available at the Santa Fe train station, provides transportation to commuters from the San Bernardino area to major centers of employment, such as downtown Los Angeles, and Orange County Further enhancing commuter connectivity, a new light rail program is in the works extending service through San Bernardino to Redlands, California The two San Bernardino stops are strategically located in the civic center and hospitality corridors.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $862.50 | 675 |
| 2+1 | 9 | $984.00 | 735 |
| 2+2 | 9 | $1,025 | 840 |
Property Taxes
| Parcel Number | 0140-222-41 | Improvements Assessment | $4,178,188 |
| Land Assessment | $487,095 | Total Assessment | $4,665,283 |
Property Taxes
Listing ID: 19244282
Date on Market: 4/16/2020
Last Updated:
Address: 176 W 8th St, San Bernardino, CA 92401
The Downtown San Bernardino Multifamily Property at 176 W 8th St, San Bernardino, CA 92401 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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