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8021 Mango Ave
Fontana, CA 92336 Fontana

$12,500,000 USD

Apartments For Sale • 54,698 SF

Property Details

Property Type Apartments
Total Building Size 54,698 SF
Lot Size 2.43 AC
Building Class C
Year Built 1985

38 Transit Score

77 Walk Score

                
                    Highlights
                
                                ProForma Rents will be achieved with new lease ups. 
                            
                                Rents for subject property are approximately 40% under market per recent rental survey conducted.
                            
                                First Time To The Market in 30+ Years /The property was constructed in 1985 & is positioned on a large 2.43 Acre Lot.
                            
                                True value-add opportunity by replacing current below market rents & continuing unit renovations. /  6.25% ProForma Cap Rate
                            
                                Excellent Unit Mix of 70% 2-Bedroom, 2- Bathroom Units (40), & 30% 1-Bedroom, 1- Bathroom Units (16).
                            
                                The property features complete fencing with controlled gated access and covered onsite parking. / Onsite Laundry & Fenced Pool

Amenities

Balcony
Laundry Facilities
Pool
Property Manager on Site
Heating
Smoke Free
Kitchen
Tub/Shower
Sundeck
Patio

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fontana (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	2 min	-	1.2 mi
Rialto (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	8 min	-	4.4 mi
Airport	Drive	Walk	Distance
Ontario International	19 min	-	13.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	40
Type:	Surface
Included in Rent:	Yes

Albert Le 909-256-7889 Le Investment Group

8021 Mango Ave Fontana, CA 92336 Fontana