Adelanto 10 Unit Portfolio Multi-Family FOR SALE


Adelanto, CA
$1,800,000 USD
714-423-3819
, Adelanto, CA for Sale
$1,800,000 USD
Multi-Family - FOR SALE
1/19
null | 6.33% Cap Rate

Adelanto 10 Unit Portfolio
Adelanto, CA


HIGHLIGHTS

  • Current CAP Rate: 6.33%
  • Attractive Price: Offered at $180,000/unit
  • Large 2bed / 1 bath units with approx. 900 SF per unit.
  • Nearly 1 Acre of Land – Total combined lot size of 0.95 acres
  • Garage Parking for each unit. Along with individual patios

OVERVIEW

Le Investment Group is pleased to present an exciting opportunity to acquire a 10-unit portfolio located across five separately parceled duplexes in Adelanto, CA. Constructed in 1982, these single-story, low-maintenance properties spans nearly one acre and offers an attractive mix of 2-bedroom, 1-bathroom units, each approximately 900 square feet. The properties are currently operating with a 6.33% CAP rate and offer immediate rental upside with market rents supporting a pro forma CAP of 6.83%. With tenants paying utilities, a stable rent roll, and straight forward management, this portfolio offers an excellent opportunity for investors seeking strong in-place cash flow with long-term appreciation in one of the High Desert’s fastest-growing rental markets.

ASK ABOUT THIS PROPERTY

Anthony LeLe Investment GroupMore Info
714-423-3819

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Anthony LeLe Investment GroupMore Info
714-423-3819

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