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11661 White Avenue, Adelanto, CA 92301

Commercial property

11661 White Avenue, Adelanto, CA 92301 Sold October 2023 CRMLS
$3,000,000Sold October 2023

Listing Agent: Louis Chavez (DRE #01949822) · Listing Office: Exp Commercial of California, Inc. · Contact: 855-451-1236 · Bought with: ALBERT LE · LE INVESTMENT GROUP · MLS #23294105 · Source: CRMLS

15,876
Building Sq Ft
49,552 sqft
Lot Size
1984
Year Built
Commercial property
Type

About this commercial property

Exciting Multi-Family Investment Opportunity in Adelanto! Are you ready to be part of a rapidly growing town with incredible investment potential? We present to you a fantastic opportunity in the City of Adelanto, boasting an approximate population of 38,644 and an impressive 5%-7% annual growth rate. This selected property consists of 32 Residential Units, offering an excellent long-term investment prospect. The property currently enjoys a solid 6% cap rate, with the possibility of even greater returns in the future. As an investor seeking growth and prosperity, Adelanto is the place to be! Its thriving economy and increasing population make it a promising destination for smart investors like you. Don't miss out on this remarkable opportunity to join the success story of Adelanto.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$3,000,000
Sold October 2023 · listed $3,200,000, orig. $1,790,000, on market July 2023 · MLS #23294105 · Source: CRMLS
Listing Agent: Louis Chavez · Listing Office: Exp Commercial of California, Inc. · Contact: 855-451-1236 · Bought with: ALBERT LE · LE INVESTMENT GROUP
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