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11800 White Ave
Adelanto, CA 92301

Agave View Apartments · Residential Property For Sale · 10 Units

Investment Highlights

  • Offering Actual CAP Rate of 6.90% With a ProForma CAP Rate of 7.75%.
  • GRM of 9.00 With a ProForma GRM of 7.99
  • 50% of employment created by the Green Zone are required to be permanent residents.
  • 1980s construction / Attractive single story construction
  • The property is located near the newly appointed Green Zone.
  • 100% collection with government tenants.

PROPERTY FACTS

No. Units 10
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.41 AC
Building Size 5,290 SF
Average Occupancy 100%
Number of Floors 1
Year Built 1980
Parking Ratio 4.15/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Disposal
  • Range

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 10 £900.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0459-151-41
Land Assessment
£82,755
Improvements Assessment
£682,733
Total Assessment
£765,488

zoning

Zoning Code R3 (residential MF)
R3 (residential MF)
  • Listing ID: 22033092

  • Date on Market: 21/01/2021

  • Last Updated:

  • Address: 11800 White Ave, Adelanto, CA 92301

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