Apartments For Sale • 4,960 SF
| Strong Rental Upside Potential - Current rents are well below market, providing immediate value-add potential through strategic rent increases |
| Renovated Unit Mix - 9 of 10 units have been fully remodeled, offering modern interiors, reduced capital needs, and improved leasing appeal |
| Major System Upgrades - Recent electrical and plumbing updates enhance long-term reliability and lower ongoing maintenance costs |
| Prime Location With Excellent Connectivity - Offers quick access to I-15, Highway 18, and Route 395, and is close to major retail and recreation |
| Pride of Ownership Asset - Well-maintained grounds, clean exteriors, and updated interiors reflect clear pride of ownership. |
| Cap Rate: | 6.89 % |
| Total Expenses: | $39,775 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Victorville Amtrak (Southwest Chief - Amtrak) | 1 min | 5 min | 0.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 14 |
| Type: | Surface |
| Included in Rent: | Yes |