This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

15866 Sago Rd
Apple Valley, CA 92307
Multifamily Property For Sale · 8 Units

Investment Highlights

  • ProForma CAP Rate of 6.73% With a ProForma GRM of 9.26. Current CAP Rate of 6.10%.
  • Located minutes from St. Mary Medical Center, Victor Valley College, and Apple Valley Civic Center
  • Turn Key Financeable Asset
  • Stable collection during Pandemic. Affordable Housing Programs Both City and Statewide Are Also Contributing to High Demand For This Type of Unit Mix.
  • Balcony/Private Patio for Each Unit. Gated, Secured Covered Parking

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.70 AC
Building Size 7,920 SF
Average Occupancy 100%
No. Stories 2
Year Built 1986
Parking Ratio 2.02/1,000 SF
Zoning R3, Apple Valley - Multi family R3

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Heating
  • Patio

Site Amenities

  • Fenced Lot
  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 8 $1,350 990

Property Taxes

Property Taxes

Parcel Number
0441-104-09
Land Assessment
$100,000
Improvements Assessment
$1,368,000
Total Assessment
$1,468,000
  • Listing ID: 24622030

  • Date on Market: 12/7/2021

  • Last Updated:

  • Address: 15866 Sago Rd, Apple Valley, CA 92307

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}