19287 US Highway 18 Apple Valley, CA 92307
0.61 Acres Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25120270
HOA Y/N No
Year Built 1979
Lot Size 0.610 Acres
Property Sub-Type Apartment
Property Description
Please do not disturb the tenants — DRIVE BY ONLY. See the attached for more details.
Le Investment Group is pleased to present this 8-unit multifamily opportunity on Highway 18 in Apple Valley. All units feature spacious 2-bed/1-bath layouts. The property offers a strong in-place CAP rate of 6.29%, with a ProForma CAP rate of 7.25%, showcasing both solid performance and upside potential. Priced below comps at just $175K per unit. Attractive financing available: 6.00% interest rate with 60.20% LTV.
Location
State CA
County San Bernardino
Area Appv - Apple Valley
Interior
Heating Central, Fireplace(s)
Cooling Central Air
Flooring Vinyl
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Cooktop, Disposal, Gas Oven
Laundry Common Area
Exterior
Parking Features Driveway, Garage Faces Front
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Biking, Hiking, Horse Trails
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 8
Private Pool No
Building
Lot Description 6-10 Units/Acre, Back Yard, Desert Front
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0473042170000
Energy Description 2735.0
Acceptable Financing Submit
Horse Feature Riding Trail
Listing Terms Submit
Special Listing Condition Standard
