Basics Details
- Date added: Added 6 months ago
- Type: Multi family
- Building Area: 4,960 sq ft
- Lot size, sq ft: 21,300 sq ft
- Zoning:
- # Of Units:
Description
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Description:
Discover a well-maintained 10-unit multifamily property located at 15564 Hesperia Rd, Victorville, offering stable cash flow and strong future upside. Built in 1951 and thoughtfully updated, this asset features eight 1-bed/1-bath units and two studio units, providing an attractive unit mix for the high-demand local rental market. With 9 of the 10 units fully remodeled, investors benefit from modernized interiors and reduced near-term capital expenditures. The property also boasts updated electrical and plumbing systems, supporting long-term operational efficiency and reliability.
Currently operating at a 6.89% cap rate, this property delivers immediate returns with the potential for further rental growth. Positioned along a major corridor with convenient access to local amenities, employment centers, and transit, it stands as an excellent opportunity for both seasoned and new investors seeking a stable asset in the Inland Empire.
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- Energy Efficiency Class:
- Greenhouse gas emission class (GHG):
