15884 Rancherias Ln - Apartments FOR SALE


Apple Valley, CA 92307
$1,850,000 USD
909-815-7324
15884 Rancherias Ln, Apple Valley, CA for Sale
$1,850,000 USD
Apartments - FOR SALE
1/9
null | 3.86% Cap Rate

15884 Rancherias Ln
Apple Valley, CA 92307


OVERVIEW

CBRE, Inc. is proud to exclusively present a ten-unit multifamily investment townhome style property in the Desert Knolls neighborhood of The City of Apple Valley. The 1988 constructed property is located within minutes from Interstate 15 and north of the 18. Constructed in 1988, the ten-unit ±17,612 square foot building sits on ±34,915 square foot lot. The property boasts an excellent unit mix of nine two-bedroom/one and a half-bathroom, and one three-bedroom/one and a half-bathroom with their garage for each of the units. With its prime location in Desert Knolls, its proximity to Interstate 15, and its 100% occupancy, The Rancherias Apartments present an excellent hedge against inflation for an astute investor.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$105 USD /SF

# OF UNITS

9

PRICE/UNIT

$205,556

CAP RATE

3.86%

% 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

20

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,915 SF

ZONING

-

APN/PARCEL ID

0441-081-08

ASK ABOUT THIS PROPERTY

Cray CarlsonCBRE, Inc.More Info
909-815-7324

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Cray CarlsonCBRE, Inc.More Info
909-815-7324

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