15762 Tuscola Road

Description

**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.

Listing information courtesy of: Diva Rescia, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of 11/10/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.