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6424 Athol Ave
Twentynine Palms, CA 92277

$1,560,000 USD

Apartments For Sale  •  4,075 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,450 SF
  • Lot Size 1.13 AC
  • Building Class C
  • Year Built 1985
  • Zoning R3
0 Transit Score
51 Walk Score

Highlights

This 2-property portfolio includes the Athol Apartments, a 6-unit building, and Yucca Apartments, offering 7 units.
ProForma CAP Rate of 8.19% With a ProForma GRM of 7.51. Current CAP Rate of 6.79%. / ProForma CAP Rate is Based on Leveling Off Current Rents.
The properties possess an attractive unit mix of Three (3) Studios & Ten (10) Two-Bedroom / One Bathroom Units.
The properties are 100% occupied with long term tenants. / Property recently had full interior renovations done within the last few years.
Onsite Laundry for both Athol & Yucca Apartments. / Property is located just 7 Minutes (4.8 Miles) from Joshua Tree National Park.
Albert Le 909-256-7889 Le Investment Group
Albert Le 909-256-7889 Le Investment Group