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15535 Broken Bow Rd
Apple Valley, CA 92307
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Offering Actual CAP Rate of 6.89% With a ProForma CAP Rate of 6.98%.
- Exterior updates including all new vinyl windows.
- Extra Large Lot room for possible expansion (Buyer to verify feasibility)
- GRM of 9.35 With a ProForma GRM of 9.25
- Ample Onsite Parking / Quite Residential Neighborhood
- Tremendous upside getting all units to market rent. All large 2 bedroom units.
Property Facts
| No. Units | 8 | Building Size | 5,700 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 2.81/1,000 SF |
| Lot Size | 0.45 AC | ||
| Zoning | R, Apple Valley | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 5,700 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 2.81/1,000 SF |
| Zoning | R, Apple Valley |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $1,000 | 750 |
Property Taxes
| Parcel Number | 0441-231-13 | Improvements Assessment | $1,325,000 |
| Land Assessment | $75,000 | Total Assessment | $1,400,000 |
Property Taxes
Parcel Number
0441-231-13
Land Assessment
$75,000
Improvements Assessment
$1,325,000
Total Assessment
$1,400,000
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