Updated Oct 14, 2026
Sagar Donthine Acquires 20-Unit Multifamily Property In San Bernardino For $2.8M
901 North Arrowhead Avenue
$2,800,000
$246/SF
Building Size
11,352 SF
Asset Type
MultiFamily
Closing
Jul 15, 2022
About this deal
AI
A multifamily property located at 901 N. Arrowhead Ave. in San Bernardino has been sold. The property consists of 20 units and spans 11,352 square feet. The sale price for this transaction was $2,800,000, resulting in a per unit price of $140,000. The price per square foot is calculated to be $246.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,800,000
- Units: 20
- Price per Unit: $140,000
- Square Footage: 11,352
- Price per Square Foot: $246
Sagar Donthine acquired the property from Hector Garcia. The transaction was facilitated by Albert Le from Le Investment Group.
It is worth noting that the property was initially purchased by the client for $1,450,000. After 18 months, the property was sold for $2,800,000.
On the Map
$2,800,000
$246/SF
MultiFamily
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San Bernardino MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93