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Listed by Francisco Perpuly • CHAMPIONS REAL ESTATE
$ 899,999
Est. payment /mo
Active
11246 Chapparal Adelanto, CA 92301
5,616 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 5,616 sqft
Price per Sqft $160
MLS Listing ID CRCV25229320
HOA Y/N No
Year Built 1987
Lot Size 0.460 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
This attractive 6-unit apartment offers a lucrative investment opportunity. Each of the six units consists of 2 bedrooms and 1 bathroom, making them ideal for both individuals and small families. The added convenience of indoor laundry facilities within each unit eliminates the need for tenants to travel elsewhere for their laundry needs, enhancing the appeal of the apartments. One standout feature is the inclusion of a 1-car garage per apartment. This feature not only provides tenants with secure parking but also adds to the overall value of the property. In an area where parking can often be a challenge, this amenity sets these apartments apart from the competition. The potential for increased rental income is an exciting aspect of this investment. The current market rents stand at $10,200 (Projected Gross), offering room for upside potential. This potential for growth in rental income is particularly appealing, given the property's strategic location. Situated near a Logistics Airport and the newly established Amazon Distribution Center, Snapple, Boeing, plus many more increase the demand for housing in the area is likely to remain strong, contributing to a stable tenant pool. It's worth noting that the Section 8 Local Payment Standards dictate rents at $1769. This provides a
Location
State CA
County San Bernardino
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Building
Water Public
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