Fully Approved - 38 Luxury Apartments
Buy and Build - Request Offering Memorandum

38 Unit Luxury Apartment Project Fully Approved/Entitled. Property Appraisal done. As Los Angeles gets saturated with Luxury Apartments, San Bernardino needs Luxury Apartments. This development is fully approved by the San Bernardino Community Development Department. It is shovel ready. The development project is for a gated community of 38 Luxury units each with indoor laundry, balconies, and walk in closets. The mix is 26 two bedroom - two bath units, six three bedroom - two bath units and six four bedroom - two bath units. Price is for land (0136-302-56) and approved plans. Plans call for ample parking with 102 spaces. An Offering Memorandum is available upon request with expected rents and expenses. Buyer to verify all aspects of transaction.
Final Plan Approval Done
Walk-in-Closets/Indoor Laundry
(6)x3 Bed/2 Bath Units
San Bernardino Needs Luxury Apartments
Appraised $8.4 Million as of 6/1/19
(26)x2 Bed/2 Bath Units
(6)x4 Bed/2 Bath Units
Includes an Office and Pool
MLS: 819002775
Sq Ft: 42769
Yr Built: 2020
Asking: $1,600,000
Address: 505-525 Rialto Ave
San Bernardino, CA
92408
 
GEORGE CHOVAN
GREAT AMERICAN REALTY SERVICES INC.
626-695-1334
[email protected]
http://georgechovan.com
Lic#: 01377580