North Sierra Apartments represents a true, value-add, Southern California investment opportunity in a robust and developing submarket. Since the property's construction in 1985, the exterior, common areas, and unit interiors have undergone only minor updating. As such, there remains room to institute a strategic in-unit renovation program as well as upgrades to the exterior and common areas of the property, thereby adding significant value to the asset. Due to the property's location, vintage, and construction type, North Sierra Apartments already represents a highly desirable multifamily community in north San Bernardino.
Building Size: 13,228 SF
Price Per Square Foot: $152