**LOCATION**TOWNHOME STYLE**VALUE ADD**
INVESTMENT OVERVIEW
Location: Apple Valley, CA Units: 19 total, with 6 units delivered vacant
Unit Configuration: All units are 2 bedrooms and 1.5 bathrooms Townhome style
Parking: Each unit comes with a 2-car garage
Property Features:
Condition: Well-maintained property
Recent Upgrades: New roof * Updated fence and AC units HVAC
Layout: Open floor plan in all units – TOWNHOME STYLE
Amenities: No pool or additional amenities, leading to lower maintenance costs
Investment Potential:
Upside for New Buyer: Significant potential to increase rents or make improvements to boost value
Vacancy: 6 vacant units provide an immediate opportunity for new tenants at market rates
Market Appeal: Located near a hospital, retail, and shopping centers, making it attractive to potential renters
Market and Financial Stability:
Rental Market: Stable with consistent demand
Maintenance: Low due to recent updates and absence of high-maintenance amenities
Advantages:
Location: Proximity to essential services and amenities increases tenant appeal.
Immediate Upside: Vacant units offer potential for immediate rent adjustments.
Updated Features: New roof and modernized interiors reduce the need for immediate capital expenditure.
Low Maintenance: Absence of a pool or other high-maintenance amenities minimizes ongoing costs.
Conclusion:
This 19-unit apartment complex in Apple Valley, CA, represents a strong investment opportunity with immediate upside potential. The
combination of vacant units ready for market rate tenants, updated property features, and a prime location near essential services creates a
compelling case for investors seeking stable rental income with growth prospects.
Lechavarria@onthegorealestate.com