22526 22544 Sioux Road, Apple Valley, CA 92308
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Listed Price :
$5,400,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1986
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.
Interior Features
Laundry Information |
Location(s) |
See Remarks |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
22526 22544 Sioux Road |
City |
Apple Valley |
State |
CA |
Zip |
92308 |
County |
San Bernardino |
Listing Agent |
Jerrad Schendel DRE #01971338 |
Co-Listing Agent |
Robert Basen DRE #00521368 |
Courtesy Of |
Coldwell Banker Commercial Rea |
List Price |
$5,400,000 |
Status |
Pending |
Type |
Residential Income |
Subtype |
Apartment |
Structure Size |
N/A |
Lot Size |
80,150 |
Year Built |
1986 |
Listing information courtesy of: Jerrad Schendel, Robert Basen, Coldwell Banker Commercial Rea. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.