15523 Barranca Way - Apartments FOR SALE


Victorville, CA 92394
$6,200,000 USD
909-815-7324
15523 Barranca Way, Victorville, CA for Sale
$6,200,000 USD
Apartments - FOR SALE
1/3
null | 6.03% Cap Rate

15523 Barranca Way
Victorville, CA 92394


OVERVIEW

CBRE is pleased to present investors with the opportunity to acquire The Barranca Way Apartments located at 15523, 15531, & 15549 Barranca Way, Victorville, CA. Built in 1987, this well maintained 39 unit property features all two-bedroom, two-bathroom units average 900 SF. The gated property offers covered and surface parking and includes modern amenities such as a pool, surveillance system, and new flooring throughout the units. Each apartment comes equipped with a dishwasher and stove. The complex is conveniently located near schools and is about four miles from the Mall of Victor Valley, and several interstate highways.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/SF

$177 USD /SF

# OF UNITS

39

PRICE/UNIT

$158,974

CAP RATE

6.03%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Barranca Way Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.47 AC

LAND SF

107,593 SF

ZONING

R3, Victorville

APN/PARCEL ID

0395-122-22

ASK ABOUT THIS PROPERTY

Cray CarlsonCBRE, Inc.More Info
909-815-7324

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

Cray CarlsonCBRE, Inc.More Info
909-815-7324

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