EXCEPTIONAL CAP RATE! 10 unit fully occupied multi-family complex located on a hilltop cul-de-sac overlooking desert knolls in Apple Valley. Two (2) Townhouses consisting of 3 bedrooms/2baths and eight (8) apartments with 2 bedrooms/1.5bath. Garage washer/dryer hookups available for townhouses, with a communal laundry room for the apartment tenants. Property is within walking distance to St. Mary's Medical Center and the heart of Apple Valley's premier medical community. Convenient highway and freeway access. Units are well maintained and professionally managed by NAI Capital Property Services. Tremendous upside potential for rental rates to increase to market values. Tenants pay water, electricity and gas. Excellent current and proforma cap rates. Must see income opportunity!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
