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11661 White Ave Adelanto, CA 92301
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Key Details
Sold Price $3,000,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,876 sqft
Price per Sqft $188
MLS Listing ID 23-294105
Year Built 1984
Lot Size 1.138 Acres
Property Description
Exciting Multi-Family Investment Opportunity in Adelanto! Are you ready to be part of a rapidly growing town with incredible investment potential? We present to you a fantastic opportunity in the City of Adelanto, boasting an approximate population of 38,644 and an impressive 5%-7% annual growth rate. This selected property consists of 32 Residential Units, offering an excellent long-term investment prospect. The property currently enjoys a solid 6% cap rate, with the possibility of even greater returns in the future. As an investor seeking growth and prosperity, Adelanto is the place to be! Its thriving economy and increasing population make it a promising destination for smart investors like you. Don't miss out on this remarkable opportunity to join the success story of Adelanto.
Location
State CA
County San Bernardino
Area Adelanto
Exterior
Garage Spaces 32.0
Building
Story 1
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with LE INVESTMENT GROUP