Sierra Crossing Apartments & Motel 2 biens | À vendre | 14 019 520 € | Bloomington, CA

Marcus & Millichap is pleased to exclusively present the Sierra Crossing Apartments & Motel located at 18179 and 18181
Valley Blvd. in Bloomington, California. There is a total of 112 units, encompassing 71 multi-family units and 41 motel
units. Said property is in an Opportunity Zone, located between Valley Blvd and the Interstate 10-Freeway. With a
combined + 73,287 building SF, 11 separate buildings, 176 open parking spaces, the property is situated on a large 4.189
Acre parcel.
The Sierra Crossing Apartments were built in +1987, consisting of 71 multi-family units and provide the following for
the tenants: privacy entrance / gate, large central laundry room, spacious playground with a recreation room, patio or
balcony in each unit, fire sprinklers, and electric & cable tv is included in the monthly rent. In the past 5 years, 49 of
the 71 units have received interior upgrades and there is currently a RUBS/ Utility bill back system in place. The unit
mix consists of the following: 14 one-bedroom/ one-bathroom units with approximately 648 SF, 56 two-bedroom/one and
half bathroom units with approximately 814 SF, and 1 three-bedroom / two-bathroom unit with approximately 1,250 SF.
The multi-family units are only subject to California’s statewide AB1482 rent ordinance, with no additional local rent
control restrictions.
The Sierra Crossing Motel was built in +1950 and +1987, consisting of 41 motel units. There are 30 motel units with
+300 SF, 10 suites with 8 two -bedrooms / one and half bathrooms with approximately 814 SF, 2 one- bedroom / one bathroom
with approximately 648 SF and a 1 two- bedroom / two -bathroom managers unit with approximately 1,000 SF.
Recent upgrades include a new digital sign, new water heater system and 14 brand new motel units as of the year 2026,
due to a fire that took place in Year 2024.
The current rents are below market rental rates and coupled with the opportunity to reduce expenses and vacancy, this
is an ideal value-add / repositioning opportunity.
Please do not disturb the tenants, walk and/or talk to anyone at the property.
For further information and/or property tours, please contact the listing team.