11200 Chamberlaine Way - Apartments FOR SALE


Adelanto, CA 92301
$7,200,000 USD
714-423-3819
11200 Chamberlaine Way, Adelanto, CA for Sale
$7,200,000 USD
Apartments - FOR SALE
1/15
null | 7.13% Cap Rate

11200 Chamberlaine Way
Adelanto, CA 92301


HIGHLIGHTS

  • 48 Units | 100% Two-Bedroom Unit Mix
  • 7.13% Current CAP Rate | 8.06% Pro Forma CAP Rate
  • Strong Rental Upside Through Market Rent Growth
  • Low-Density Single-Story Asset on 3.98 Acres
  • Recent Capital Improvements & Minimal Deferred Maintenance
  • High-Demand High Desert Market with Logistics-Driven Growth

OVERVIEW

Sunnyside Apartments is a 48-unit multifamily investment opportunity located at 11200 Chamberlaine Way in Adelanto, California. Situated on approximately 3.98 acres, the property consists of 12 single-story residential buildings totaling approximately 38,544 rentable square feet and features spacious two-bedroom, one-bathroom units within a desirable low-density community setting. Built in 1984, the property offers investors a stable income-producing asset with value-add potential through continued rental growth and operational efficiencies. Residents benefit from convenient access to schools, shopping, major transportation corridors, and regional employment centers throughout the High Desert and Inland Empire. Adelanto continues to experience increasing rental demand driven by population growth, housing affordability relative to surrounding Southern California markets, and ongoing industrial and logistics expansion, positioning Sunnyside Apartments as an attractive long-term investment opportunity with strong cash flow and future appreciation potential.

FOR SALE DETAILS

PRICE

$7,200,000 USD

PRICE/SF

$184 USD /SF

# OF UNITS

48

PRICE/UNIT

$150,000

CAP RATE

7.13%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunnyside Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

PARKING SPACES

60

LAND DETAILS

LAND ACRES

4.08 AC

LAND SF

177,725 SF

ZONING

RM, Adelanto

APN/PARCEL ID

0459-611-10

ASK ABOUT THIS PROPERTY

Anthony LeLe Investment GroupMore Info
714-423-3819

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Anthony LeLe Investment GroupMore Info
714-423-3819

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.