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8/07/20
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Juniper Apartments, an 18-unit multifamily property in Fontana, was purchased by a private investor for $2.65 mil, or about $147k/unit.
Located at 8945 Juniper Ave, Juniper Apartments is comprised of eighteen two-bedroom, two-bathroom units, averaging 856 sf in size. The property features fully secure gated access and 25 covered parking spaces, 16 storage units, and 15 surface parking spaces.
Juniper Apartments is located south of the Historic Route 66 in walking distance to Chaffey College-Fontana Campus, Fontana Metrolink Station and Downtown Fontana. It is also in proximity to major employers like Kaiser Hospital, Fontana Unified School District, Auto Club Speedway, Industrial centers, among others. Fontana provides convenient access to I-10, 15 & 210 freeways, connecting the population to Los Angeles and other major cities throughout Southern California.
CBRE’s Cray Carlson represented the buyer and the seller, a local private investor, in the transaction.
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