16340 Quantico Road Apple Valley, CA 92307
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Rare opportunity to own quadruplex (4 Units with Garages) in highly sought after Desert Knolls neighborhood in Apple Valley, Ca. Immediate upside if you can manage yourself currently with professional management company costing $5,400 in annual expenses. The Operating Expenses and NOI include new property taxes at $900,000 and current insurance coverage. Neighborhood includes nearby St. Mary's Hospital, high end homes, offices, restaurants, banks, shopping, and much more. Within minutes of the I-15 Freeway. Units feature 2 Beds 1 Baths with living area and kitchen. Two units have been completely remodeled last year with the higher rents and the other two units are long term tenants. Great pro-forma potential in a growing market with highly anticipated High Speed Train to Las Vegas plus millions of sq ft of industrial buildings proposed in the North Apple Valley Industrial Specific Plan.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountySan Bernardino
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site27 Days
- MLS StatusPending
- MLS ID NumberHD24102854
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.5184 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Terms CashConventionalFHAVA
- Stories 1 Story
Exterior Features
- Pool N/K