Property Detail

1525 Lynwood

San Bernardino CA 92404

$4,500,000

Status: Active

Property Details

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%.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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