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Key Details
Sold Price $630,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW14034747
Sold Date 04/30/14
HOA Y/N No
Year Built 1977
Tax Year 2012
Lot Size 0.696 Acres
Property Description
This is the nicest apartment in Yucca Valley! By far, best returns in the Yucca Valley market. An ACTUAL 8.14 cap and a GRM in the seven's!! Current owners have remodeled & repaired every part of this apartment, inside and out. It's truly immaculate. Everything inside and out like new. Block wall surrounds subject property. Fireplaces and private patios in every unit. Super energy saving landscaping. Tile floors in all the 2&1 units for easy transition to new tenants. Due to the niceness of these clean units, and the attractiveness of all the amenities, these units always stay rented. These units have a history of staying 100% occupied. No deferred maintenance and an effective age of almost new construction!!
The location doesn't get any better. Located just a few hundred feet of the main intersection of Old Woman Springs & Highway 62. This is where all the retailers are in Yucca Valley including Staters for groceries. Tenants are within easy walking distance to all shopping needs. This awesome location and the beauty of these apartments keeps demand for these units very high with a waiting list to get in. Finally, one of the lowest prices per square foot on the market!! No brainer, best apartment, best returns, best buy!
Location
State CA
County San Bernardino
Area Dc532 - Business District
Interior
Heating Central, Wall Furnace
Cooling Central Air, Evaporative Cooling
Fireplaces Type Living Room
Fireplace Yes
Laundry Common Area
Exterior
Carport Spaces 10
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description 11-15 Units/Acre
Sewer Shared Septic
Water Public
Others
Tax ID 0587112080000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Tony Burton • Burton Commercial, Inc.