Sierra Crossing Apartments & Motel
$16,000,000
18181 Valley Boulevard, Bloomington, CA 92316
4.19 acres
Lot Area
112
Keys
Details:
Highlights:
- Total of 112 Units (71 Multi-Family Units built in 1987 // 41 Motel Units built in 1987 / 1950)
- Located in an Opportunity Zone
- Situated on a Large Parcel: +- 4.189 Acres
- 14 Motel Units are Fully Renovated as of 2026
- 49 Multi-Family Units Upgraded in the Past 5 Years
- Amenities for the Multi-Family Building include Privacy Entrance / Gate, Recreation Building with Large Playground, Central Laundry Room, and Fire Sprinklers
- Ideal Value-Add / Repositioning Opportunity
- Bloomington has Evolved from its Agricultural Roots into a Vibrant Suburban Area, Offering Excellent Infrastructure and a Strategic Central Location in the Inland Empire MSA with Easy Access to Major Markets
- The Inland Empire is one of the Nation’s Leading Industrial Markets, Featuring Strong Demographics Highlighted by Job Growth, Colleges and Regionally Affordable Housing
Description:
Property Tours
Do not contact on-site staff. All property tours must be scheduled through the listing agent.Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
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.
Click Here For Offering Memorandum: https://allredhotelgroup.com/propertyId=BloomingtonCASierraCrossing
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Location
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