6424 Athol Ave | Twentynine Palms, CA 92277
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6424 Athol Ave
Twentynine Palms, CA 92277
Athol Apartments & Yucca Apartments · Residential Property For Sale · 13 Units
Investment Highlights
- This 2-property portfolio includes the Athol Apartments, a 6-unit building, and Yucca Apartments, offering 7 units.
- The properties possess an attractive unit mix of Three (3) Studios & Ten (10) Two-Bedroom / One Bathroom Units.
- Onsite Laundry for both Athol & Yucca Apartments. / Property is located just 7 Minutes (4.8 Miles) from Joshua Tree National Park.
- ProForma CAP Rate of 8.19% With a ProForma GRM of 7.51. Current CAP Rate of 6.79%. / ProForma CAP Rate is Based on Leveling Off Current Rents.
- The properties are 100% occupied with long term tenants. / Property recently had full interior renovations done within the last few years.
PROPERTY FACTS
| No. Units | 13 | Lot Size | 1.13 AC |
| Property Type | Residential | Building Size | 4,075 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low Rise | Number of Floors | 1 |
| Building Class | C | Year Built/Renovated | 1985/2018 |
| No. Units | 13 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.13 AC |
| Building Size | 4,075 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built/Renovated | 1985/2018 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 3 | £995.00 | 300 |
| 2+1 | 10 | £1,027 | 755 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £139,289 | |
| Land Assessment | £13,871 | Total Assessment | £153,160 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£13,871
Improvements Assessment
£139,289
Total Assessment
£153,160
zoning
| Zoning Code | R3 |
| R3 |
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