16137 Apple Valley Rd - Apartments FOR SALE


Apple Valley, CA 92307
$1,050,000 USD
626-484-1897
16137 Apple Valley Rd, Apple Valley, CA for Sale
$1,050,000 USD
Apartments - FOR SALE
1/8
null | 5.58% Cap Rate

16137 Apple Valley Rd
Apple Valley, CA 92307


HIGHLIGHTS

  • First time on the market in over 40 years.
  • Nestled in the desirable Upper Desert Knolls neighborhood of Apple Valley.
  • Six well-maintained 2-bedroom, 2.5-bath townhouse style units built in the 1980's.
  • Attached one-car garages (8 total) with direct access to each unit.
  • Each unit has its own in-unit washer and dryer.

OVERVIEW

First time on the market in over 40 years. Nestled in the desirable Upper Desert Knolls neighborhood of Apple Valley, this charming community features six well-maintained 2-bedroom, 2.5-bath townhouse style units built in the 1980's. Each unit offers the comfort of central air and heat, durable copper plumbing, separate metering, its own private patio and balcony and a classic pitched roof that add to the timeless appeal. Residents enjoy the convenience of attached one-car garages (8 total) with direct access to each unit and each unit has its own in-unit washer and dryer. Only subject to AB1482, no other local rent control ordinance.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$84 USD /SF

# OF UNITS

6

PRICE/UNIT

$175,000

CAP RATE

5.58%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,200 SF

ZONING

-

APN/PARCEL ID

0473-381-04

ASK ABOUT THIS PROPERTY

Kevin HurleyBridge Investment GroupMore Info
626-484-1897

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Kevin HurleyBridge Investment GroupMore Info
626-484-1897

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