6321 Yucca Avenue, 29 Palms, CA 92277

$625,000
4,945
SqFt
List Price
$625,000
MLS#
19465374
Living Sq. Ft
4,945
Lot Size
8,680
Property Type
Multifamily
Status
Active

Property Description

Athol and Yucca Apartment Communities are an ideal opportunity for a multifamily investor. An investor can take advantage of the strong growth market of Twentynine Palms, San Bernardino County. The Athol and Yucca assets are conveniently located within a short distance to retail, restaurants, entertainment venues and employment centers. Twentynine Palms boasts the largest United States Marine Corps base, which encompasses 1,100 square miles and supplements strong market fundamentals in the area. Adjacent to Twentynine Palms, Joshua Tree National Park also attracted a record of 2,942,382 visitors last year. The Athol and Yucca Apartments are the perfect multifamily investment opportunity with a strong in place cash flow and projected positive rental growth. Furthermore, the property can be purchased well below current replacement cost. Both properties' interiors have had full renovations including granite counter tops, tile flooring and new / upgraded cabinets.

Additional Information

Units
7
Net Operating Income
$44,271
Total Parking Spaces
6
Year Built
1985
View
Parking
Garage
Heat
Other
Cooling
Other

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Avison Young ? Southern CA LTD, Peter Hauser.

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