$5,400,000 $28,988 est/mo Sourced by Back At You
22526 22544 Sioux Road , Apple Valley, CA 92308
Apple Valley, CA 92308
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
| MLS# | HD23204397 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1986 |
| Days On Site | 338 |
| Listing Provided By | Coldwell Banker Commercial Rea 760-684-8000 | Jerrad Schendel |
Features
| SQ Feet | 38,730 |
|---|---|
| Garage | 18 |
| Pool | Yes |
| Story(s) | 2 |
| Units | 38 |
| Building(s) | 9 |
| Acreage | 1.84 |
Market Activity 92308
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Apple Valley |
| Zip Code | 92308 |
| Area | APPV Apple Valley |
| Listing VS Median (in 92308) | |
Price: $5,400,000 low | high Med: $896,000 SqFt: 38,730 low | high Med: 3,259 $ / SqFt: $139 low | high Med: $275 On Site: 338 low | high Med: 314.000000 | |
Listing Updated: October 1, 2024 at 12:18:51 AM PDT