Log In/Sign Up
Your email has been sent.
3164 N Sterling Ave 27 Unit Apartment Building $11,000,000 ($407,407/Unit) 5.45% Cap Rate San Bernardino, CA 92404
INVESTMENT HIGHLIGHTS
- 27 Units
- Solar
- Office / Recreation Building
EXECUTIVE SUMMARY
Brand-new 27-unit apartment complex coming November 2025, ideally located at the corner of Sterling Avenue and Marshal Boulevard. This gated community features three-bedroom, two-and-a-half-bath townhouse-style apartments, each individually metered and solar-equipped. Residents will enjoy a clubhouse with recreational room, basketball courts, and tot playgrounds, offering both comfort and convenience. A rare opportunity to acquire a newly built, energy-efficient multifamily property with strong rental appeal.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $11,000,000 | Building Class | A |
| Price Per Unit | $407,407 | Lot Size | 2.38 AC |
| Sale Type | Investment | Construction Status | Under Construction |
| Cap Rate | 5.45% | Building Size | 24,567 SF |
| Gross Rent Multiplier | 11.77 | No. Stories | 2 |
| No. Units | 27 | Year Built | 2026 |
| Property Type | Multifamily | Parking Ratio | 2.77/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome | ||
| Zoning | MF - Multi-Family | ||
| Price | $11,000,000 |
| Price Per Unit | $407,407 |
| Sale Type | Investment |
| Cap Rate | 5.45% |
| Gross Rent Multiplier | 11.77 |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | A |
| Lot Size | 2.38 AC |
| Construction Status | Under Construction |
| Building Size | 24,567 SF |
| No. Stories | 2 |
| Year Built | 2026 |
| Parking Ratio | 2.77/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MF - Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Washer/Dryer Hookup
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Dining Room
- Family Room
- Patio
SITE AMENITIES
- Clubhouse
- Fenced Lot
- Picnic Area
- Playground
- Gated
- Basketball Court
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 27 | - | 1,120 |
PROPERTY TAXES
| Parcel Number | 0272-372-59 | Total Assessment | $6,663,365 |
| Land Assessment | $562,865 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $6,100,500 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
0272-372-59
Land Assessment
$562,865
Improvements Assessment
$6,100,500
Total Assessment
$6,663,365
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 27
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
3164 N Sterling Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.