44655 National Trails Hwy - Apartments FOR SALE


Newberry Springs, CA 92365
$799,990 USD
760-887-7779
44655 National Trails Hwy, Newberry Springs, CA for Sale
$799,990 USD
Apartments - FOR SALE
1/26
null | 2.1% Cap Rate

44655 National Trails Hwy
Newberry Springs, CA 92365


HIGHLIGHTS

  • 2 Parcels Being Sold As A Package Totaling 12.31 Acres
  • 8.81 Acre Property Has 2 Commercial Buildings and 4 Residential Units
  • Adjacent 3.5 Acre Commercial Parcel Is Fenced With Own Well and Power Meter

OVERVIEW

***Come VIEW and MAKE an OFFER TODAY! Amazing MIXED-USE OPPORTUNITY located in Newberry Springs CA. Two properties being sold as a package deal totaling 12.31 ACRES. The first property located 44544 National Trails Hwy offers an 8.81 Acre lot that includes a mix of 2 Commercial Buildings and 4 Residential Units. The main 3,358sf COMMERCIAL BUILDING has frontage along high traffic Route 66 just a stones throw away from the I-40 exit, and was previously used as a feed/convenience store with two offices. In addition, there is a second commercial/mixed use building that has an adjacent large detached commercial warehouse. Plus there are 4 other RESIDENTIAL UNITS offering even more potential to generate rental income. Among them, you'll find a cozy 1-bedroom, 1-bath home complete with a welcoming porch and a newer roof, Another 1-bedroom, 1-bath residence also features a newer roof, while a spacious 2-bedroom, 1-bath home and another 2-bedroom 1-bathroom home round out the residential units. Also, each unit has their own utility meters and the 8.81 acre lot has a functional well. The second property located at 44655 National Trails Hwy is a 3.5 ACRE FENCED lot, that also has frontage along high traffic Route 66, plus includes an additional well and power meter. Both properties together offer tons of possibilities and boundless investment potential. As a prominent tourist destination, with vacation lake homes nearby, it attracts travelers seeking a serene yet adventurous getaway, with opportunities to camp, and off road. This is not just a property; it's a gateway to a world of possibilities. Whether you're looking to invest, establish a business, or create a welcoming home, these two properties on Route 66 offer endless potential in a thriving and picturesque location. Honestly, the two properties offer so much it all can't be mentioned here, making this a MUST SEE OPPORTUNITY before it's too late.***

FOR SALE DETAILS

PRICE

$799,990 USD

PRICE/SF

$104 USD /SF

# OF UNITS

6

PRICE/UNIT

$133,332

CAP RATE

2.1%

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

44655 and 44544 National Trails Hwy - 6 Units

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.74 AC

LAND SF

380,721 SF

ZONING

CG

APN/PARCEL ID

0531-042-18,0531-042-19

ASK ABOUT THIS PROPERTY

Jeffrey NyalColdwell Banker Commercial Real Estate SolutionsMore Info
760-887-7779

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Jeffrey NyalColdwell Banker Commercial Real Estate SolutionsMore Info
760-887-7779

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