Sunrise Lancaster Apartments Community | 1210-1340 Meadow View Ln
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Sunrise Lancaster Apartments Community 1210-1340 Meadow View Ln
152 Unit Apartment Building $33,000,000 ($217,105/Unit) 6.37% Cap Rate Lancaster, CA 93534
Investment Highlights
- Townhome Garden-Style Units, Full Amenity Residential Apartment Community Including Pool &, Spa (Recently Renovated), Clubhouse, and Leasing Office
- Excellent Unit Mix with Spacious One and Two Bedroom Units
- Located in CA Opportunity Zone
- The Majority of the Units have been Recently Renovated with new HVACs, Roofs, Vinyl Plank Flooring, Windows, and Countertops
- Private, Gated, and Quiet Residential Community
- Great Location with Close Proximity to CA 14 Freeway and Regional Antelope Valley Hospital
Executive Summary
152 Townhome Garden-Style Units
Value Add and Opportunity Zone
Value Add and Opportunity Zone
Property Facts
Price | $33,000,000 | Lot Size | 9.77 AC |
Price Per Unit | $217,105 | Construction Status | Under Renovation |
Sale Type | Investment | Building Size | 122,713 SF |
Cap Rate | 6.37% | Average Occupancy | 85% |
No. Units | 152 | No. Stories | 2 |
Property Type | Multifamily | Year Built/Renovated | 1986/2025 |
Property Subtype | Apartment | Parking Ratio | 2.47/1,000 SF |
Apartment Style | Garden | Opportunity Zone |
Yes
|
Building Class | C |
Price | $33,000,000 |
Price Per Unit | $217,105 |
Sale Type | Investment |
Cap Rate | 6.37% |
No. Units | 152 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 9.77 AC |
Construction Status | Under Renovation |
Building Size | 122,713 SF |
Average Occupancy | 85% |
No. Stories | 2 |
Year Built/Renovated | 1986/2025 |
Parking Ratio | 2.47/1,000 SF |
Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Heating
- Security System
- High Speed Internet Access
Site Amenities
- Clubhouse
- Courtyard
- Fitness Center
- Laundry Facilities
- Playground
- Spa
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 64 | - | 625 |
2+1 | 32 | - | 821 |
2+2 | 56 | - | 913 |
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $16,189,146 | |
Land Assessment | $2,856,895 | Total Assessment | $19,046,041 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,856,895
Improvements Assessment
$16,189,146
Total Assessment
$19,046,041
zoning
Zoning Code | RPD, Lancaster (Multifamily) |
RPD, Lancaster (Multifamily) |
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Sunrise Lancaster Apartments Community | 1210-1340 Meadow View Ln
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