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30863965
30863966

755 E Virginia Way, Barstow, CA 92311

CC
01101138
CBRE - Ontario
Listed by CBRE - Ontario
$13,000,000
90 days on market
Updated 89 days ago

Sunrise Vista Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 145,148
Units 156
Cap Rate 6.17%
Price per SqFt $90
Year Built 1986

Multifamily | 156 Units | $83,333/unit

Marketing description

Built in 1986, this well-maintained 156-unit property features (16) one-bedroom, one-bathroom units 780 SF, (68) two bedroom, one-bathroom units 928 SF, and (72) two-bedroom, two-bathroom units 988 SF. The gated property offers covered and surface parking and includes modern amenities such as a sparkling pool and spa, on-site laundry facility and management. The complex is conveniently located near schools, shopping, dining and entertainment and is located just off the 15 FWY. The Property contains 156 units that are a combination of 39 market rate units and 117 affordable housing units subject to affordable housing programs, including HOME Investment Partnerships Program Agreement, Neighborhood Stabilization Program (NSP) Agreement and Project-Based Vouchers (PBV). Any interested purchaser of the Property would have to take the Property subject to the requirements of these programs/covenants for no less than the remainder of their respective terms and address all applicable legal requirements of each program/covenant.

*Subject to HCD Approval.

Listing Contacts

CC
01101138
CBRE - Ontario
Listed by CBRE - Ontario

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