$1,150,000
$1,350,000
14.8%For more information regarding the value of a property, please contact us for a free consultation.
0.73 Acres Lot
SOLD DATE : 07/18/2019
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 511877
Sold Date 07/18/19
HOA Y/N No
Lot Size 0.730 Acres
Property Description
EXCEPTIONAL CAP RATE! 10 unit fully occupied multi-family complex located on a hilltop cul-de-sac overlooking desert knolls in Apple Valley. Two (2) Townhouses consisting of 3 bedrooms/2baths and eight (8) apartments with 2 bedrooms/1.5bath. Garage washer/dryer hookups available for townhouses, with a communal laundry room for the apartment tenants. Property is within walking distance to St. Mary's Medical Center and the heart of Apple Valley's premier medical community. Convenient highway and freeway access. Units are well maintained and professionally managed by NAI Capital Property Services. Tremendous upside potential for rental rates to increase to market values. Tenants pay water, electricity and gas. Excellent current and proforma cap rates. Must see income opportunity! Association Amenities: Laundry Lot Location Type: Standard LocationPAVE,CULD Model 14 # of Full Baths: 0 Model 15 # of Full Baths: 0 Model 1 # 1/2 Baths: 0 Model 2 # 1/2 Baths: 0 Model 3 # 1/2 Baths: 1 Model 4 # 1/2 Baths: 1 Model 5 # 1/2 Baths: 1 Model 6 # 1/2 Baths: 0 Model 7 # 1/2 Baths: 0 Model 8 # 1/2 Baths: 0 Model 9 # 1/2 Baths: 0 Model 10 # 1/2 Baths: 0 Model 11 # 1/2 Baths: 0 Model 12 # 1/2 Baths: 0 Model 13 # 1/2 Baths: 0 Model 14 # 1/2 Baths: 0 Model 15 # 1/2 Baths: 0 Model 14 Bedrooms: 0 Model 15 Bedrooms: 0 Model 14 # Of Units: 0 Model 14 # Of Units: 0 Model 1 # 1/4 Baths: 0 Model 2 # 1/4 Baths: 0 Model 3 # 1/4 Baths: 0 Model 4 # 1/4 Baths: 0 Model 5 # 1/4 Baths: 0 Model 6 # 1/4 Baths: 0 Model 7 # 1/4 Baths: 0 Model 8 # 1/4 Baths: 0 Model 9 # 1/4 Baths: 0 Model 10 # 1/4 Baths: 0 Model 11 # 1/4 Baths: 0 Model 12 # 1/4 Baths: 0 Model 13 # 1/4 Baths: 0 Model 14 # 1/4 Baths: 0 Model 15 # 1/4 Baths: 0 Model 14 Rent: 0.00 Model 15 Rent: 0.00 Model 1 SQFT: 0 Model 2 SQFT: 0 Model 3 SQFT: 0 Model 4 SQFT: 0 Model 5 SQFT: 0 Model 6 SQFT: 0 Model 7 SQFT: 0 Model 8 SQFT: 0 Model 9 SQFT: 0 Model 10 SQFT: 0 Model 11 SQFT: 0 Model 12 SQFT: 0 Model 13 SQFT: 0 Model 14 SQFT: 0 Model 15 SQFT...
Location
State CA
County San Bernardino
Zoning RES1.
Interior
Heating Natural Gas
Cooling Central Air
Flooring See Remarks
Fireplaces Type Living Room
Fireplace Yes
Appliance Disposal, Oven, Range
Laundry In Garage, Laundry Room
Exterior
Garage Spaces 10.0
Garage Description 10.0
Pool None
Utilities Available Sewer Available, Sewer Connected
Amenities Available Trash
View Y/N Yes
View Desert, Mountain(s), Valley
Roof Type Composition
Total Parking Spaces 19
Private Pool No
Building
Lot Description Cul-De-Sac, Paved
Story 2
Sewer Sewer Tap Paid
Water Public
Others
Tax ID 047315318
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Special Listing Condition Standard
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Bought with Charlotte Walker • Shear Realty- AV
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