Adelanto, CA 92301,11661 White AVE
Adelanto, CA 92301,11661 White AVE
Adelanto, CA 92301,11661 White AVE
9
$3,000,000
$3,200,000
6.3%
Est.Price: ?

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1.14 Acres Lot

11661 White AVE Adelanto, CA 92301

Est. payment /mo
SOLD DATE : 10/30/2023

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Key Details

Sold Price $3,000,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 23294105

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 Adl - Adelanto

Building

Story 1

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Louis Chavez • Exp Commercial of California, Inc.
Bought with ALBERT LE • LE INVESTMENT GROUP

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agent

Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

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