19087 Allegheny Road

Apple Valley, CA 92307
Sold
$3,000,000
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$3,000,000
19087 Allegheny Road, Apple Valley, CA 92307

About the property

Investment Highlights

  • Stable in-place income
  • Rent growth potential
  • Efficient utility structure
  • Strong market fundamentals
  • Value-add opportunities
  • Expansion or infill potential
  • High demand asset class
  • Limited local competition
  • Resilient cash flow profile
  • Expense optimization potential
  • Stable tenant base
  • Flexible hold strategy
  • Favorable demographics
  • NOI growth opportunities
  • Defensive market performance
  • Long-term income stability
Total Spaces
16 Units
Property Type
Multifamily
Closed Date
01/24/2024

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Pierce Brazil
Pierce Brazil
Senior Investment Assoicate
[email protected]209-444-6651

Explore The Area

Financial Performance

The market remains strong, with high demand and low inventory. Whether you're just exploring or ready to sell, the right insights can help you move forward with confidence.

NOI (Pro Forma)

69%

Cap Rate

6%