Apartments For Sale • 4,493 SF
Great Location - Walking Distance to Apple Valley Commons Regional Shopping Center & Adjacent to the Phoenix Academy |
Tremendous Value Add Investment Opportunity with Approximately 35% Upside in Market Rents and a Large 17,978 SF Lot |
Four One Level Units Consisting of (2) Two-bedroom, One Bath Units, Effortless Management as the Owner Currently has an Onsite Property Manager |
Property is Not Subject to Rent Control - **DO NOT ENTER ONTO PROPERTY OR TALK TO TENANTS WITHOUT OWNER'S WRITTEN CONSENT** |
Situated Walking Distance to Target, Carl’s Jr., Del Taco, Starbucks, Ross, UPS Store, Wingstop, Wells Fargo, Old Navy and Several Other Retailers |
All Units are Separately Metered for Electricity in Addition to Maintaining a Laundry Room with a Washer and Dryer for Tenants Use |
Cap Rate: | 3.64 % |
Total Expenses: | $23,338 USD |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Victorville Amtrak (Southwest Chief - Amtrak) | 8 min | - | 5.0 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 4 |
Type: | Surface |
Included in Rent: | Yes |