11246 11246 Chapparal, Adelanto, CA 92301 - MLS#CV25229320

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 899,999

Est. payment | -/mo

0.46 Acres Lot

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$ 899,999

Est. payment | -/mo

Save

0.46 Acres Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25229320

HOA Y/N No

Year Built 1987

Lot Size 0.460 Acres

Property Sub-Type Multi Family

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 level of stability in rental income, as these standards are typically reliable and consistent. This could be an advantage in terms of securing consistent rental income, even in fluctuating market conditions. Overall, this 6-unit apartment complex presents a compelling opportunity for an investor like you. The combination of well-designed units, convenient amenities, potential for increased rental income, and strategic location near key transportation hubs and employers make this property an attractive addition to your portfolio.

Location

State CA

County San Bernardino

Area Adl - Adelanto

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry Inside

Exterior

Fence Chain Link

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Shingle

Total Parking Spaces 4

Building

Story 1

Water Public

Others

Tax ID 0459611080000

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

Listed by Francisco Perpuly CHAMPIONS REAL ESTATE 951-888-0307

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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11246 11246 Chapparal Adelanto, CA 92301