16193 H St - Apartments FOR SALE


Mojave, CA 93501
$4,150,000 USD
916-204-9804
16193 H St, Mojave, CA for Sale
$4,150,000 USD
Apartments - FOR SALE
1/3
null | 5.42% Cap Rate

16193 H St
Mojave, CA 93501


HIGHLIGHTS

  • IRS Section 42 LIHTC Restricted. Built in 2007 With Extended Use Restrictions on Regulatory Agreement for 55 Years.
  • Unique Opportunity to Purchase 81 Units of 2007 Construction At well below construction costs
  • Excellent Unit Make Up With 40-Two-Bedrooms, 33-Three-Bedrooms, and 8-Four-Bedrooms

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$35 USD /SF

# OF UNITS

81

PRICE/UNIT

$51,235

CAP RATE

5.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Palace Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.03 AC

LAND SF

262,667 SF

ZONING

R-2

APN/PARCEL ID

236-480-10-00

ASK ABOUT THIS PROPERTY

Isaak HeitzebergMarcus and Millichap Investment ServicesMore Info
916-204-9804

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Isaak HeitzebergMarcus and Millichap Investment ServicesMore Info
916-204-9804

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