16197 H St - Apartments FOR SALE


Mojave, CA 93501
$4,150,000 USD
916-204-9804
16197 H St, Mojave, CA for Sale
$4,150,000 USD
Apartments - FOR SALE
1/3
null | 6.71% Cap Rate

16197 H St
Mojave, CA 93501


HIGHLIGHTS

  • Approximately ± 82 Acres Included in the Sale
  • IRS Section 42 LIHTC Restricted. Built in 2011 With Extended Use Restrictions on Regulatory Agreement for 55 Years.
  • Rare Opportunity to Purchase 81 Units of 2011 Construction At Just Under $79,000 Per Unit
  • 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

$32 USD /SF

# OF UNITS

81

PRICE/UNIT

$51,235

CAP RATE

6.71%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Palace II

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2011

PARKING SPACES

-

LAND DETAILS

LAND ACRES

81.94 AC

LAND SF

3,569,306 SF

ZONING

R-1

APN/PARCEL ID

236-480-12-00

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.