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$2,195,000
17935 Quantico Road
Apple Valley, CA 92307

33,000 SqFt Lot
0.7576 Acres
Land


Status:Active
Riverview apartments consists of (16) 2 bd/2ba units and (4) 3 bd/2 ba townhouse style units. The units average over 1,000 sq. Ft. , and all units have a large balcony or patio. The 2 bd/2 ba units also include a tub and kitchen pantry. The building features a large courtyard and newly renovated pool. Each unit has 1 car port space, which includes a lockable storage unit, and there is ample open parking on site. At the list price, the going in cap rate is 6. 10% (based on the 2017 actual collected income). There is significant rent upside achieved by bringing the rents to market, as well as an extremely high occupancy history. The property (approximately 7 miles from victorville) boasts amazing views of the valley and the san bernadino mountains.
Basics
Property Type:   Land
Lot Size:   33,000 SqFt Lot
Lot Acres:   0.7576 Acres
Year Built:   1972
MLS#:   SB19001881
     
Home Features
Dishwasher
Swimming Pool
Two+ Story
Valley View
Mountain/Hills View
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Listing Agent: Martin Ensbury    Listing Broker: Keller Williams Beach Cities    Agent Phone: 3108800132    Broker Phone: 3109399300   

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