Well-maintained Ten-unit Apartment Complex in Apple Valley

USD $2,100,000
16377 Wato Road, Apple Valley, California, 92307, USA

Property Highlights

  • Ten-unit apartment complex on one acre
  • Two bedrooms with private patios
  • Kitchens include cooktops, ovens, dishwashers
  • Two double and eight single garages
  • Close to St Marys Medical Center
  • Easy access to I-15 freeway

Overview

APPLE VALLEY - Welcome to an exceptional and rare investment opportunity! For the first time on the market, this well-maintained ten (10) unit apartment complex, built and owned by the original owner, is now available. The apartments sit on two parcels (.51 and .52 acres +/-) totaling approximately one acre. Total square footage of the buildings is 9,384 +/-. Two bedrooms, one and a half baths, living room, kitchens offer cooktops, ovens and dishwashers, private patios. Rooms are bright and open, some ceiling fans. There are two double garages and 8 single garages, additional parking on property. Some apartments have been rehabbed, ensuring a modern appeal and tenant satisfaction. Strategically positioned, the property offers convenience. It is located close to St Marys Medical Center and a strong tenant base of medical and office professionals. Easy access to the I-15 makes for commuting and further enhancing the property's appeal. This is a stable, income generating asset with a solid history and unlimited future potential. Don't miss this chance to acquire a meticulously, cared-for income producing property in a highly sought-after location. The interior pictures of the rehabbed Unit #1 are a sample of the layout of the other apartments. This is an opportunity you won't want to miss!
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Property Features

16377 Wato Road, Apple Valley, California, 92307, USA offers the following features:

Living Area: 9384sf
Property Type: Residential
Status: Active Under Contract
Reference ID: HD25189446

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