2294 Kendall Dr, San Bernardino, CA 92407

41 Unit Apartment Building | $10,000,000 ($243,902/Unit) | 4.02% Cap Rate | San Bernardino, CA 92407

Asking Price $10,000,000

Property Type
Multifamily
Square Feet
40,040 SF

Listing Contacts

Jim Arias
Paul Phillips

Property 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.

Property Details

Class
B
Year Built
1989
Stories
2
Lot Size (sq. ft)
147,668 SF
Units
41

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.

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