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$ 11,995,000
Est. payment | /mo
9 Beds
9 Baths
1.87 Acres Lot
$ 11,995,000
Est. payment | /mo
9 Beds
9 Baths
1.87 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26219055
Bedrooms 9
Lot Size 1.874 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
RARE INVESTMENT OPPORTUNITY! BRAND-NEW 25-UNIT LUXURY TOWNHOME COMMUNITY IN THE HEART OF FONTANA! Completed in 2025 and 100% occupied since completion, Merrill Townhomes offers an exceptional opportunity to acquire a turnkey, income-producing investment property in a highly desirable rental location. Conveniently located near schools, shopping, restaurants, and major freeways. This unique development features 25 residential units on 20 individually subdivided parcels, consisting of 15 individual condominiums and 5 condominiums with ADUs, distributed among 6 buildings. The property offers 33,471 SF of living area, 9,160 SF of garage space, 909 SF of covered porches, 285 SF of covered patios, and 1,666 SF of balconies. Twenty units feature private two-car garages. STATE-OF-THE-ART CONSTRUCTION WITH EXTENSIVE LUXURY UPGRADES! Features include decorative stamped concrete walkways and parking areas, concrete backyard patios, block-wall privacy divisions, premium hard-surface flooring throughout, upgraded cabinetry, countertops, plumbing and lighting fixtures, and glass shower enclosures. An exceptional investment with strong rental demand, modern construction, minimal near-term maintenance, and a unique subdivision configuration. With todays rising land prices, construction costs, and development fees, a comparable property would be extremely difficult and costly to reproduce. 25 UNITS | 20 SUBDIVIDED PARCELS | BUILT IN 2025 | 100% OCCUPIED | PRIME FONTANA LOCATION!
Location
State CA
County San Bernardino
Zoning Builder
Direction SE Corner of Merrill & Catawba
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Concrete
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 0233511010000
Listed by SHAREEF AWAD, DRE#01849030 EMAAR ENTERPRISE
Nearby Locations
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1420 Kettner Blvd suite 100, San Diego, California 92101, USA