$5,400,000
 $35,926 est/mo Sourced by Back At You

22526 22544 Sioux Road , Apple Valley, CA 92308

Apple Valley, CA 92308

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Description

One may contend that value-added properties, particularly of this magnitude, are scarce in today's market. With its 38 units, this stands as one of the most sizable apartment complexes in Apple Valley, California. Notably, this building currently offers rental rates below prevailing market levels, indicating the potential for enduring enhancements in revenue stability. Apple Valley has experienced significant population growth and a surge in economic activity, underscored by the emergence of new retail and industrial developments. As a result, the demand for housing is poised to intensify further, reflecting the ongoing growth trajectory in the region. This is a GEM in the making.

Details

MLSHD23204397
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending
Year1986
Days On Site338
Listing Provided ByColdwell Banker Commercial Rea 760-684-8000 | Jerrad Schendel

Features

SQ Feet38,730
Garage18
PoolYes
Story(s)2
Units38
Building(s)9
Acreage1.84

Market Activity 92308

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 4 minutes ago
StateCA
CountySan Bernardino
CityApple Valley
Zip Code92308
AreaAPPV Apple Valley
Listing VS Median (in 92308)
Price:
$5,400,000
low | high
Med:
$415,000
100% of Average
SqFt:
38,730
low | high
Med:
1,768
100% of Average
$ / SqFt:
$139
low | high
Med:
$235
18.352501256913% of Average
On Site:
338
low | high
Med:
36.000000
100% of Average
Sourced by Back At You
Listing Updated: September 11, 2024 at 3:00:08 PM PDT