Apartment and Motel
18179 Valley Boulevard Bloomington, CA 92316
18179 Valley Boulevard, Bloomington, CA, 92316
Contact for pricing
For Sale
Contact for pricing
Sierra Crossing offers 112 combined units across 11 buildings with open parking on a 4.189-acre parcel.
Property Size73,287 SF
Price / SF$218.32
Days on Market85
Property Features for 18179 Valley Boulevard
General Information
- Standard status
- Active
- Size
- 73,287 SF
- Property subtype
- Multifamily, Hospitality
Building Details
- Year Built
- 1987
Listing agency
Marcus & Millichap - Inland Empire
(909) 456-3481
Listed by
Kevin Struve · License #CA 01266441
Source
Crexi
Added: Apr 28 Updated: Jul 20 at 9:18PM Checked: Jul 21 at 5:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Inland Empire
Investment Insights
Based on property information with market context.
Sierra Crossing Apartments & Motel is a combined apartment and motel community featuring 112 total units across 11 separate buildings, including 71 multi-family units and 41 motel units. The property totals approximately 73,287 building square feet and includes 176 open parking spaces.
The property is located at 18179 and 18181 Valley Boulevard in Bloomington, California, between Valley Boulevard and the Interstate 10 freeway. The site is described as being within an Opportunity Zone.
With multiple buildings on a single large parcel, the configuration supports a combined residential income and motel setup under one ownership.
The property is located at 18179 and 18181 Valley Boulevard in Bloomington, California, between Valley Boulevard and the Interstate 10 freeway. The site is described as being within an Opportunity Zone.
With multiple buildings on a single large parcel, the configuration supports a combined residential income and motel setup under one ownership.
Key Highlights
- Sierra Crossing Apartments & Motel at 18179 and 18181 Valley Blvd in Bloomington, CA
- 112 total units: 71 multi‑family units and 41 motel units
- 11 separate buildings with a combined +73,287 building SF
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.26M | $17.16 |
| − Vacancy | −$78.0k | −$1.06 |
| EGI | $1.18M | $16.10 |
| − OpEx | −$530.8k | −$7.24 |
| NOI | $648.8k | $8.85 |
73,287 SF · lease $17.16/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$9.27M
$8.11M – $10.81M
NOI $648,798 @ 7.0% cap · market cap 4.05%
Second Best
Hotel Hospitality
$6.56M
$5.74M – $7.66M
NOI $459,509 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$15.46M
$13.53M – $18.04M
NOI $1,082,117 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Motels
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Sierra Crossing offers 112 combined units across 11 buildings with open parking on a 4.189-acre parcel.
Where is this apartment building located?
The property is located at 18179 Valley Boulevard Bloomington, CA.
What is the asking price?
The asking price for this property is $16,000,000.
What are key features of this property?
This property features: Sierra Crossing Apartments & Motel at 18179 and 18181 Valley Blvd in Bloomington, CA; 112 total units: 71 multi‑family units and 41 motel units; 11 separate buildings with a combined +73,287 building SF
