Multi-Family FOR SALE
Twentynine Palms, CA |
Twentynine Palms, CA
HIGHLIGHTS
- This 2-property portfolio includes the Athol Apartments, a 6-unit building, and Yucca Apartments, offering 7 units.
- Proforma CAP Rate of 8.19% With a Proforma GRM of 7.51. Current CAP Rate of 6.79%. / Proforma CAP Rate is Based on Leveling Off Current Rents.
- The properties possess an attractive unit mix of Three (3) Studios & Ten (10) Two-Bedroom / One Bathroom Units.
- The properties are 100% occupied with long term tenants. / Property recently had full interior renovations done within the last few years.
- Onsite Laundry for both Athol & Yucca Apartments. / Property is located just 7 Minutes (4.8 Miles) from Joshua Tree National Park.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY TYPE
Multi-Family
TOTAL BUILDING SIZE
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STORIES
1
YEAR BUILT
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SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
0618-254-18
