$3,000,000
$3,200,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
11661 White AVE Adelanto, CA 92301
15,876 SqFt
Key Details
Sold Price $3,000,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 15,876 sqft
Price per Sqft $188
MLS Listing ID 23294105
Sold Date 10/30/23
HOA Y/N No
Year Built 1984
Lot Size 1.138 Acres
Property Description
Exciting Multi-Family Investment Opportunity in Adelanto! Are you ready to be part of a rapidly growing town with incredible investment potential? We present to you a fantastic opportunity in the City of Adelanto, boasting an approximate population of 38,644 and an impressive 5%-7% annual growth rate. This selected property consists of 32 Residential Units, offering an excellent long-term investment prospect. The property currently enjoys a solid 6% cap rate, with the possibility of even greater returns in the future. As an investor seeking growth and prosperity, Adelanto is the place to be! Its thriving economy and increasing population make it a promising destination for smart investors like you. Don't miss out on this remarkable opportunity to join the success story of Adelanto.
Location
State CA
County San Bernardino
Area Adl - Adelanto
Interior
Fireplace No
Exterior
Total Parking Spaces 32
Building
Story 1
Others
Tax ID 0459142390000
Special Listing Condition Standard
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Bought with ALBERT LE • LE INVESTMENT GROUP