Property Listing No Longer Available for Sale

11436 Brockman Avenue, Adelanto, CA

Others for Sale - $2,860,000 - 2,387 Sq. Ft.


Property Info

CIMLS#1050974
Location
  11436 Brockman Avenue
  Adelanto CA 92301
UpdatedJune 28th, 2019
TypeOthers
Price$2,860,000
Building2,387 Sq. Ft.

Property Description

The Basen-Schendel team is proud to present an Opportunity Zone Investment opportunity for the portfolio of 8 properties consisting of 26 units located in the City of Adelanto. The portfolio consists of 20- two bedroom units, 4- one bedroom units and 2 - three bedroom units and is fully occupied. Demand for housing in the City of Adelanto has rarely been higher as the city has 1 million SF of Industrial space under construction and another 250,000 Sf under renovation creating an estimated 1,000 direct jobs to the City of Adelanto. Due to this economic activity and the scarce availability of housing in Adelanto and the surrounding demand and rents are on a continuous rise. This is an opportune area to invest in


Financials


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