Remarks

REMARKABLE MULTI-TENANT INVESTMENT OPPORTUNITY! Wait till you see the perfect, convenient location of this 48 unit office/mini storage facility with over 11,700 sq. ft. of rental space on a level, 36,358 sq. ft. street-to-street lot in the 'miracle mile' district of Big Bear Lake. Property includes 38 units of various sizes for personal/business storage and 10 office space rentals (2 @ 1600 sq. ft. and 8 @ 400 sq. ft.). office units come complete with wet bar/kitchenette and half bathrooms (a few with showers). Lots of potential to increase monthly income. Most of the current rents are below current market rents. CAP Rate is 8.0% based on actual rents. Currently four vacancies. ($1,315 additional income if 100% occupancy)

Details

MLS#: EV24122272
Price: $1,700,000

Sq Ft: 11704.00
Year Built: 1986

County: San Bernardino