20220 Serrano, Apple Valley, CA 92307

$775,000
7
BD
7
BA

Property Description

The Serrano Apartments consist of (6) one-Bedroom/one-Bath plus (1) non-conforming one-bedroom/one-bath for a total of seven fully rented units in Apple Valley, California. The property generates $7,000 dollars per month and has a CAP rate of 6.45% with 7.32% Cash on Cash day one. The seven-unit apartment sits on one parcel and was constructed in 1954. Furthermore, the property is conveniently located near highway 18 off of Rancherias Road providing an easier commute throughout the city. Apple Valley is n

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Courtesy of MARCUS & MILLICHAP, CHARLY UBALDO.

Last Updated: Source: Sandicor Regional MLS

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange(c) Program of SANDICOR Regional MLS. Real estate listings held by brokerage firms other than the listing office named includes the name of the listing brokers. Information is believed to be reliable, but not guaranteed.