20211 Carlisle Rd - Apartments FOR SALE


Apple Valley, CA 92307
$1,500,000 USD
760-684-8000
20211 Carlisle Rd, Apple Valley, CA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/8
null | 7.01% Cap Rate

20211 Carlisle Rd
Apple Valley, CA 92307


HIGHLIGHTS

  • The complex comprises eight spacious townhome style units, each featuring 2 bedrooms, 1.5 bathrooms, and a versatile loft space.
  • Each unit offers approximately 1,116 square feet of living space, providing ample room for residents.
  • Most units have been updated with brand-new vinyl plank flooring throughout, offering a modern and durable finish.
  • Built in 1988, the property encompasses four buildings, each housing two townhomes, totaling approximately 8,928 square feet of living area.
  • Truly a one of a kind turnkey property, waiting for the next buyer to bring the rents up to market.

OVERVIEW

Presenting an exceptional turnkey investment opportunity at 20211 Carlisle Road, Apple Valley, CA 92307. This meticulously maintained 8-unit townhome complex offers a perfect combination of modern updates, tenant appeal, and strong income potential in one of the High Desert’s most rapidly growing communities. Strategically situated near Highway 18, the property boasts easy access to shopping centers, schools, and major commuter routes, making it an attractive option for tenants seeking both convenience and comfort. The complex has undergone significant capital improvements between 2022 and 2023, including new roofs, a completely rebuilt parking lot and driveways, and enhanced landscaping, effectively reducing future maintenance costs while boosting curb appeal. Each unit is equipped with highly desirable amenities, ensuring stable occupancy and strong rental demand. This is a rare chance to acquire a stabilized multifamily asset in the expanding Apple Valley market. Whether you’re looking to grow your investment portfolio or secure a low-maintenance income property, these townhomes offer tremendous potential. Contact us today to learn more about this unique opportunity.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

8

PRICE/UNIT

$187,500

CAP RATE

7.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SWC Carlisle Rd & Chehalis Rd

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,625 SF

ZONING

R3, Apple Valley

APN/PARCEL ID

0441-095-06

ASK ABOUT THIS PROPERTY

Jerrad SchendelColdwell Banker Commercial Real Estate SolutionsMore Info
760-684-8000

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Jerrad SchendelColdwell Banker Commercial Real Estate SolutionsMore Info
760-684-8000

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