6 Unit Apartment Building- San Bernardino Mountains
San Bernardino National Forest, 589 Friendly Lane, Crestline, CA 92325, USA
Closed $400,000 - Multifamily

San Bernardino County experienced a heavy decline in real estate values following the Great Recession of 2009. This multifamily asset could be poised for steady appreciation with an economic recovery in this resort and senior friendly town; once stabilized, the building will yield steady cash flow too

Purchase Price: 400,000

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Cap Rate: 7.9, GRM: 9.0

 

 

 

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10 Years Fixed, 3.5% Interest
  • Principle and Interest

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