16247 Viho Rd Apple Valley, CA 92307
- Commercial real estate
- 3,388 SF
- 0.56 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 16247 Viho Rd
- Year built
- 1985
- Lot size
- 0.56 lot acres
- Property size
- 3,388 SF
- Property type
- Commercial real estate
- APN
- 0473353030000
Description
This exceptional investment opportunity presents a four-unit apartment building located at 16247 Viho Rd, Apple Valley, CA 92307. The property, situated on a 0.562-acre lot, boasts a total of 3,388 square feet and was constructed in 1985. The building comprises three two-bedroom, one-bathroom units and one three-bedroom, two-bathroom unit, offering a diverse mix of living spaces to attract a wide range of tenants. The property features four parking spaces, providing ample accommodation for residents. The asking price is $949,500, translating to a price per square foot of $280.25. The property's strong financial performance is evident in its Net Operating Income (NOI) of $61,502, with a scheduled annual gross income of $79,200. The property's Assessed Parcel Number (APN) is 0473353030000. This well-maintained multifamily property in San Bernardino County presents a compelling investment opportunity with significant potential for future growth and return. The property's location in Apple Valley offers convenient access to local amenities and services. This is an ideal addition to any investor's portfolio seeking stable income and appreciation potential in the California market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Apple Valley
- County
- San Bernardino
- State
- California
- Longitude
- -117.2709842
- Latitude
- 34.5463049
