1525 E Eureka St, San Bernardino, CA 92404

Property Description

We are pleased to present the opportunity to acquire Eureka Manor Apartments, a 64-unit value added opportunity located in San Bernardino, California. The asset rests on a 2.18 acre lot with a total of 11 buildings, and provides residents with a quiet living environment and an open residential feel. Built in 1985, this property has a unit mix of one & two bedroom floor plans, with the majority of units (44) being two-bedroom units with one and two bathroom floor plans. All units have central air and heat, electric stoves, and are individually metered for electricity. The apartment units are all electric. The central hot water heaters are served by gas, which is paid by the owner. Amenities included: swimming pool and jacuzzi, secured electric parking gates, laundry room with 4 washer and dryers, and covered and open parking (84 spaces). Eureka Manor is conveniently located near national retailers, employment centers, major freeways, and public transportations. The property is in a re-emerging submarket that is experiencing renewed investor interest due to improving submarket fundamentals and asset level operations.