## Turnkey Investment Opportunity with Strong Cash Flow & Rare H-1 Zoning
Exceptional opportunity to acquire a fully occupied 4-plex at **1165 Sierra Vista Drive**, offering immediate, stable cash flow with all tenants participating in the Section 8 program, providing dependable rental income. The property generates an impressive **Net Operating Income (NOI) of $81,823**, representing approximately a **6.3% capitalization rate** based on the current list price.
This well-maintained asset has been extensively updated and is in excellent condition, including **all new HVAC/air conditioning units**, helping minimize future capital expenditures. Residents also enjoy access to a **shared swimming pool** and a **shared coin-operated laundry facility**, creating additional income potential. Best of all, there is **no HOA**, keeping operating costs lower and maximizing investor returns.
A key feature that sets this property apart is its highly desirable **H-1 (Limited Resort & Apartment) zoning**, offering flexibility and long-term upside in a rapidly developing corridor. The adjacent 4-plex at **1153 Sierra Vista Drive** is also available for purchase and is similarly zoned **H-1**. Each property may be purchased individually or together.
For investors seeking a larger portfolio, purchasing **both buildings** creates an attractive investment with a **combined capitalization rate of approximately 6.4%** while increasing economies of scale and management efficiency.
Adding to the opportunity, the **adjacent H-1 zoned parcel** is also available for sale. A developer could acquire all three properties, creating a unique assemblage for future hospitality, motel, hotel, or other compatible redevelopment, subject to applicable governmental approvals.
Whether you're seeking a stabilized income-producing asset, a value-add portfolio acquisition, or a long-term redevelopment opportunity, **1165 Sierra Vista Drive** offers exceptional flexibility, reliable cash flow, and outstanding future potential.