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Third Street Apartments 15522 3rd St

5 Unit Apartment Building $955,182 CAD ($191,036 CAD/Unit) 6.87% Cap Rate Victorville, CA 92395

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Investment Highlights

Five well-appointed units
A spacious lot with potential for outdoor improvements or additional income-generating opportunities
Recently Remodeled

A prime location in Victorville, close to essential amenities, shopping, and transportation
Strong rental history, making it a solid investment choice Don't miss this chance to own a profitable multi-unit property in Victorville.

Executive Summary

Welcome to 15522 Third St, a fantastic investment opportunity in the heart of Victorville, CA. This well-maintained 5-unit apartment building is situated on a spacious 0.163-acre lot, offering both a great income potential and a convenient location for tenants.
Each unit in this multi-family property is thoughtfully designed to provide comfortable and modern living spaces. With a history of reliable rental income, this property is an excellent addition to your real estate portfolio or a great way to start your investment journey.
Whether you're an experienced investor or a first-time buyer, this property offers potential and value that you won't want to pass up. Contact us today to schedule a viewing and explore this promising investment opportunity." Feel free to customize and expand upon this description to highlight any unique features, property condition, or additional selling points that apply to this specific property.

Property Facts

Price	$955,182 CAD	Building Class	C
Price Per Unit	$191,036 CAD	Lot Size	0.16 AC
Sale Type	Investment	Building Size	2,477 SF
Cap Rate	6.87%	Average Occupancy	80%
No. Units	5	No. Stories	1
Property Type	Multifamily	Year Built/Renovated	1952/2021
Property Subtype	Apartment Multifamily Dormitory	Parking Ratio	2.02/1,000 SF
Apartment Style	Garden	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$955,182 CAD
Price Per Unit	$191,036 CAD
Sale Type	Investment
Cap Rate	6.87%
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Garden
Building Class	C
Lot Size	0.16 AC
Building Size	2,477 SF
Average Occupancy	80%
No. Stories	1
Year Built/Renovated	1952/2021
Parking Ratio	2.02/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.