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Commercial Property - 1525 E Lynwood Drive, San Bernardino, CA

$4,500,000

1525 E Lynwood Drive, San Bernardino, CA

1525 E Lynwood Drive, San Bernardino, CA 92404 - $4,500,000 · Commercial Real Estate for Sale, photo 1 1525 E Lynwood Drive, San Bernardino, CA 92404 - $4,500,000 · Commercial Real Estate for Sale, photo 2 1525 E Lynwood Drive, San Bernardino, CA 92404 - $4,500,000 · Commercial Real Estate for Sale, photo 3 1525 E Lynwood Drive, San Bernardino, CA 92404 - $4,500,000 · Commercial Real Estate for Sale, photo 4 1525 E Lynwood Drive, San Bernardino, CA 92404 - $4,500,000 · Commercial Real Estate for Sale, photo 5
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Description

Welcome to the Copper Canyon Apartments located at 1525 E Lynwood Ave. San Bernardino, CA. This 25-unit apartment complex features an attractive unit mix of (17) one bedroom / one bathroom units, (8) two bedroom / two bathroom units. The property shows pride of ownership and has been well maintained throughout. Many updates have been done including, exterior paint, new parking asphalt, $14,000 in new commercial washer and dryer in the laundry room, updated units, lush landscaped grounds, sparkling pool, gated entry, carport, leasing office and onsite management. The condition of the property offers investors an asset that will require minimal maintenance for years to come. This property is a great investment that has an actual cap rate of 6.06%.

Property details

Square feet
14,973
Year built
1984
Property type
Commercial Sale
Lot size
11,000 sqft

Location

1525 E Lynwood Drive • San Bernardino, CA 92404

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Listed by

Hannah Johnson · Coldwell Banker Envision

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Listing courtesy of Coldwell Banker Envision. Information deemed reliable but not guaranteed.

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Nalren Corp. · CA DRE #02423715