11800 White Ave | Adelanto, CA 92301
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11800 White Ave
Adelanto, CA 92301
Agave View Apartments · Multifamily 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 | Building Size | 5,290 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low Rise | Year Built | 1980 |
| Building Class | C | Parking Ratio | 4.15/1,000 SF |
| Lot Size | 0.41 AC |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 5,290 SF |
| Average Occupancy | 100% |
| No. Stories | 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
| Parcel Number | 0459-151-41 | Improvements Assessment | $858,330 |
| Land Assessment | $104,040 | Total Assessment | $962,370 |
PROPERTY TAXES
Parcel Number
0459-151-41
Land Assessment
$104,040
Improvements Assessment
$858,330
Total Assessment
$962,370
zoning
| Zoning Code | R3 (residential MF) |
| R3 (residential MF) |
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