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$5,750,000

Beds
Unknown
sq ft
38,730

22526 22544 Sioux Rd, Apple Valley, CA 92308

22526 22544 Sioux Rd

Apple Valley, CA 92308

  • 243 days on market
    • Price drop $750,000↓
One may contend that value-added properties, particularly of this magnitude, are scarce in today's market. With its 38 units, this stands as one of the most sizable apartment complexes in Apple Valley, California. Notably, this building currently offers rental rates below prevailing market levels, indicating the potential for enduring enhancements in revenue stability. Apple Valley has experienced significant population growth and a surge in economic activity, underscored by the emergence of new retail and industrial developments. As a result, the demand for housing is poised to intensify further, reflecting the ongoing growth trajectory in the region. This is a GEM in the making.

Details

Property type

Apartment

Lot size

1.84 acres

Price per sq ft

$149

Year built

1986

Price History

04/16/2024
CRMLS

CRMLS #HD23204397

Price change
$5,750,000
-11.54%
11/06/2023
CRMLS

CRMLS #HD23204397

Listed
$6,500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Status: Active

Tomo last checked: 07/05/2024 at 11:50 PM

Listing updated: 04/17/2024 at 3:05 AM

Listed by: Jerrad Schendel, Coldwell Banker Commercial Rea Phone #: (760) 684-8000

MLS: CRMLS #HD23204397

CRMLS logo

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