21601 Powhatan Road

    Apple Valley, CA 92308
    • $1,288,888
    • STATUS: Active
    • ON SITE: 173 days
    • ID#: 19448252
    UPDATED: 37 min ago
    $1,288,888
    • 0
      BEDS
    • 0.99
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,340
      SQFT
    • $138
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1987
    County:

    School Ratings & Info

    Description

    Rare investor opportunity to acquire a fully occupied 11 unit in great condition! This property is single story, situated in 4 buildings and all units are 2 bedrooms and 1 bath. The majority of units have been redone with new HVAC units, paint and flooring. A new roof was put on last year! Community laundry facilities. Plenty of parking. Building is gated with remote entry but it is currently open for marketing purposes. Building is centrally located next to the 18 fwy / 15 fwy off Bear Valley and Apple Valley Rd. The rental price points are very desirable for the area and units lease up very quickly.

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    Based on information from CARETS as of 2019-09-16T10:46:57.493. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.rosalietherealtor.com/homes/93073329

    21601 Powhatan Road Apple Valley, CA 92308

    • Price: $1,288,888
    • Status: Active
    • Updated: 37 min ago
    • ID#: 19448252
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.99
    Acres
    9,340
    SQFT
    $138
    $/SQFT
    1987
    Built
    Neighborhood:
    Apple Valley (APPV)
    County:
    San Bernardino
    Area:
    Apple Valley (APPV)
    Property Description
    Rare investor opportunity to acquire a fully occupied 11 unit in great condition! This property is single story, situated in 4 buildings and all units are 2 bedrooms and 1 bath. The majority of units have been redone with new HVAC units, paint and flooring. A new roof was put on last year! Community laundry facilities. Plenty of parking. Building is gated with remote entry but it is currently open for marketing purposes. Building is centrally located next to the 18 fwy / 15 fwy off Bear Valley and Apple Valley Rd. The rental price points are very desirable for the area and units lease up very quickly.
    Exterior Features

    Parking Spaces Total 31 Parking Type Private

    Interior Features

    Cooling Type Air Conditioning Heating Type Central Furnace Interior Features Other Total Floors 1 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Unfurnished Unit Furnished08 Unfurnished Unit Furnished09 Unfurnished Unit Furnished10 Unfurnished Unit Furnished11 Unfurnished Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 1.0 Unit Number Of Bath06 1.0 Unit Number Of Bath07 1.0 Unit Number Of Bath08 1.0 Unit Number Of Bath09 1.0 Unit Number Of Bath10 1.0 Unit Number Of Bath11 1.0 Unit Number Of Bed01 2 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 2 Unit Number Of Bed05 2 Unit Number Of Bed06 2 Unit Number Of Bed07 2 Unit Number Of Bed08 2 Unit Number Of Bed09 2 Unit Number Of Bed10 2 Unit Number Of Bed11 2

    Property Features

    Adjusted Gross Income 103440.00 Assessed Improvement Value 805800.00 Assessed Land Value 35700.00 Country United States Of America Expense Total Annual 27888.00 Gross Operating Income 103440.00 Gross Rent Multiplier 6.00 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Estimated Net Operating Income 75552.00 Number Of Buildings 4 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 750.00 Unit Monthly Rent02 795.00 Unit Monthly Rent03 795.00 Unit Monthly Rent04 750.00 Unit Monthly Rent05 795.00 Unit Monthly Rent06 795.00 Unit Monthly Rent07 750.00 Unit Monthly Rent08 795.00 Unit Monthly Rent09 750.00 Unit Monthly Rent10 795.00 Unit Monthly Rent11 750.00 Unit Projected Total Monthly Rent01 850.00 Unit Projected Total Monthly Rent02 850.00 Unit Projected Total Monthly Rent03 850.00 Unit Projected Total Monthly Rent04 850.00 Unit Projected Total Monthly Rent05 850.00 Unit Projected Total Monthly Rent06 850.00 Unit Projected Total Monthly Rent07 850.00 Unit Projected Total Monthly Rent08 850.00 Unit Projected Total Monthly Rent09 850.00 Unit Projected Total Monthly Rent10 850.00 Unit Projected Total Monthly Rent11 850.00 Unit Total Monthly Rent01 750.00 Unit Total Monthly Rent02 795.00 Unit Total Monthly Rent03 795.00 Unit Total Monthly Rent04 750.00 Unit Total Monthly Rent05 795.00 Unit Total Monthly Rent06 795.00 Unit Total Monthly Rent07 750.00 Unit Total Monthly Rent08 795.00 Unit Total Monthly Rent09 750.00 Unit Total Monthly Rent10 795.00 Unit Total Monthly Rent11 750.00 Unit Type01 1 Unit Type02 2 Unit Type03 3 Unit Type04 4 Unit Type05 5 Units Total In Complex 11

    Listing provided courtesy of Damien Melle DRE#01871628 of Modern Real Estate Shop.


    Based on information from CARETS as of 2019-09-16T10:46:57.493. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    The Agency
    331 N Foothill Rd, #100
    Beverly Hills CA, 90210