FONTANA INDUSTRIAL DEALS NOW
- $12,774,805
FONTANA INDUSTRIAL DEALS NOW
- $12,774,805
Description
MULTI-FAMILY – NEW CONSTRUCTION – 25 4-PLEXES AT ONLY $510,000 PER COMPLEX – GREAT VALUE
Merrill Town Homes. 15909 Merrill Ave Fontana, CA 92335. 25 Unit Multi-Family Apartment Building. ($510,992/Unit) 5.50% Cap Rate. $12,774,805 |
Your Passport to Passive Income: Merrill Town Homes
Forget the hassle of old, high-maintenance properties. Introducing Merrill Town Homes, a brand-new, purpose-built investment that combines old-world charm with cutting-edge construction. Imagine a luxurious Mediterranean village, with its stunning white stucco and red-tile roofs, a picture of timeless elegance. Now, imagine it’s an income-producing asset. That’s what we’ve built.
This is not just a building; it’s a legacy. This 25-unit community at 15909 Merrill Avenue is a rare find in the thriving city of Fontana, where strong rental demand and a prime location guarantee an exceptional return on investment. With 20 units offering a generous three bedrooms and three bathrooms, and five with two bedrooms and two baths, this development is perfectly tailored to meet the needs of today’s families and professionals.
But here’s the real kicker: a private, fenced backyard for every single unit. It’s a highly sought-after amenity that sets this property apart from the competition, and in a market where renters are paying a premium for space, this is a competitive advantage you can count on.
Strategically located in San Bernardino County, Merrill Town Homes offers seamless access to major freeways like the I-10, I-15, and SR-210. This connectivity is critical, as the area is a major employment corridor for giants like Home Depot, Walmart, and Amazon. Your tenants will have a quick commute to work, along with easy access to shopping, dining, and essential services at nearby Ontario Mills Mall and Kaiser Permanente.
This is your opportunity to own a piece of brand-new, high-performing luxury. Merrill Town Homes isn’t just a property; it’s a secure investment with all the charm and none of the headaches. It’s the future of residential real estate, available today.
Ready to tour? Visit our exclusive Merrill Town Homes page to learn more.
INVESTMENT HIGHLIGHTS – NEW CONSTRUCTION
- Be the proud owner of the Merrill Town Homes, a new construction six-building multifamily community on a well-planned site.
- Featuring 25 brand-new luxury residences with a desirable mix of two-bed, two-bath and three-bed, three-bath units.
- Property is a rare find, each unit includes a private backyard, quartz countertops, stainless steel appliances, and a car garage.
- Reach retail and dining favorites, including Starbucks, Target, Walmart Supercenter, 24 Hour Fitness, Costco, and Macy’s, within a five-minute drive.
- Located in a growing area with high rental demand, over 36% of households within a 5-mile radius are renter-occupied.
FINANCIAL SUMMARY (PRO FORMA – 2025) | ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income | $934,800 | $21.93 |
Other Income | – | – |
Vacancy Loss | $28,044 | $0.66 |
Effective Gross Income | $906,756 | $21.27 |
Taxes | $135,670 | $3.18 |
Operating Expenses | $69,600 | $1.63 |
Total Expenses | $205,270 | $4.82 |
Net Operating Income | $701,486 | $16.45 |
PROPERTY FACTS –
Price | $12,774,805 | Apartment Style | Townhome |
Price Per Unit | $510,992 | Building Class | B |
Sale Type | Investment | Lot Size | 1.87 AC |
Cap Rate | 5.50% | Building Size | 42,631 SF |
Gross Rent Multiplier | 13.67 | No. Stories | 2 |
No. Units | 25 | Year Built | 2025 |
Property Type | Multifamily | Parking Ratio | 1.36/1,000 SF |
Property Subtype | Apartment | ||
Zoning | R2 – R2 – Multifamily Zoning |
Address
Open on Google Maps- Address: 15909 Merrill Ave Fontana, CA 92335
- City: Fontana
- State/county: CALIFORNIA
- Zip/Postal Code: 92335
- Area: San Bernardino County
Details
- Price $12,774,805