1340 Mariposa ave - Apartments FOR SALE


Ridgecrest, CA 93555
$355,000 USD
419-206-7117
1340 Mariposa ave, Ridgecrest, CA for Sale
$355,000 USD
Apartments - FOR SALE
1/6
null | 6% Cap Rate

1340 Mariposa ave
Ridgecrest, CA 93555


HIGHLIGHTS

  • Brand New construction Duplexes
  • Long term tenants

OVERVIEW

High-Performing New Construction Duplex – Sustainable, Turnkey Investment Opportunity Invest in a modern duplex built for strong, long-term cash flow and high tenant demand. This brand-new property features an owned solar system, significantly reducing operating expenses and increasing your net operating income from day one. Both units are fully electric and equipped with EV charging stations, positioning your investment to attract the growing segment of eco-conscious, higher-paying renters. The interiors boast durable laminate plank flooring, energy-efficient stainless steel appliances, and open floor plans designed to maximize rental appeal and minimize vacancy. Each unit includes a fenced backyard, a valuable tenant amenity that drives retention and justifies premium rent pricing. With sustainability, modern amenities, and strong market demand, this turnkey duplex offers investors a rare combination of reduced expenses, competitive rental income, and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$355,000 USD

PRICE/SF

$228 USD /SF

# OF UNITS

2

PRICE/UNIT

$177,500

CAP RATE

6%

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1340 Mariposa ave, Ridgecrest, CA 93555

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-1

APN/PARCEL ID

081-333-34-00-7

ASK ABOUT THIS PROPERTY

Eric Van DenkCentral Valley Property AdvisorsMore Info
419-206-7117

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

Eric Van DenkCentral Valley Property AdvisorsMore Info
419-206-7117

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