16340 Quantico Road

Property Description

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.

Overview

Property Status

Sold

Lot Size

0.52 Acres

MLS ID

HD24102854

Property Type

Multi-Family

Year Built

1988

Features & Amenities

Total Area

4,088 Sq.Ft.

Neighborhood

San Bernardino County

Stories

Garage Spaces

8.0

Water Source

Public

Pool

None

Lot Features

Landscaped, Level, Paved, Rectangular Lot, Yard

Laundry Room

Inside

Sewer

Public Sewer

Sales Price

$870,000

4 Corporate Plaza Ste 100
Newport Beach CA 92660

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$870,000

4,088

Property Description

Overview

Basic Information

Features & Amenities

Area & Lot

Interior & Exterior

School Information

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