11211 La Habra Ave | Adelanto, CA 92301
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- LoopNet Team
11211 La Habra Ave
Adelanto, CA 92301
Desert Oasis · Multifamily Property For Sale
·
48 Units
INVESTMENT HIGHLIGHTS
- ProForma CAP Rate of 7.03% With a ProForma GRM of 9.20.ProForma CAP Rate is Based on Leveling Off Current Rents.
- Roughly $350,000 in Capital Improvements.
- Ample Onsite Covered Parking & Private Patios for Tenants
- Attractive Current CAP Rate of 6.13% With a Current GRM of 10.57
- Pride Of Ownership, Absolute Turn Key, Financeable Asset.
- California High-Speed Rail (planned): Expected to pass nearby, potentially reducing travel time between Adelanto and major urban centers.
PROPERTY FACTS
| No. Units | 48 | Lot Size | 2.03 AC |
| Property Type | Multifamily | Building Size | 28,728 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1988 |
| Building Class | C | Parking Ratio | 2.23/1,000 SF |
| Zoning | R3, Adelanto - Multiple Residential | ||
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.03 AC |
| Building Size | 28,728 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Parking Ratio | 2.23/1,000 SF |
| Zoning | R3, Adelanto - Multiple Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Patio
SITE AMENITIES
- Laundry Facilities
- Property Manager on Site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | 554 |
| 2+1 | 24 | - | 735 |
PROPERTY TAXES
| Parcel Number | 0459-073-21 | Improvements Assessment | $5,716,998 |
| Land Assessment | $161,262 | Total Assessment | $5,878,260 |
PROPERTY TAXES
Parcel Number
0459-073-21
Land Assessment
$161,262
Improvements Assessment
$5,716,998
Total Assessment
$5,878,260
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