22526 Sioux Road, Apple Valley, CA 92308

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Glen Henderson

Premier Homes Team, a division of Big Block Realty

[email protected] +1(619) 889-7646

$5,400,000

Est. payment - /mo

8 Beds

7 Baths

1.84 Acres Lot

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UPDATED:

01/03/2025 08:08 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID HD23204397

Bedrooms 8

HOA Y/N No

Lot Size 1.840 Acres

Property 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.
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.

Location

State CA

County San Bernardino

Area Apple Valley (92308)

Zoning Assessor

Exterior

Pool Community/Common

Building

Story 2

Others

Monthly Total Fees $414

Space Rent $170,466

CFD/Mello-Roos Fee $4, 977

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Listed by Jerrad Schendel • Coldwell Banker Commercial Rea

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

22526 Sioux Road Apple Valley, CA 92308

Glen Henderson

Key Details

Location

Exterior

Building

Others

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