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$840,000

FOR SALEActive

Address withheld

Yucca Valley CA 92284

N/A

SF

OwnYourOwn

Type

1975

Built

N/A

Cost/SF

2606 days on marketNalren refreshed

Listing Agent

DavePaulette Renney

Listing Agent

DRE #: 01735253

(760) 773-3958

Brokerage: Bennion Deville Homes

Location Analysis

Map hidden for privacy

Exact address available upon agent contact

About This Property

PRICE REDUCED! Prime Location! Well maintained and well established 10 unit office space units with courtyard. A total of 5463 Sq'. Total rent is about $60,000 pa. and after direct expenses achieves a net income before taxes of $47,121. The property is well located in town with easy access and parking. Many of the tenants in the building are long term and turnover has been modest. The property has been upgraded in the past 5 years with a new roof, A/C units, parking asphalt and the cash assets include a $18,160 deposit with the Hi Desert Water Assessment for the sewer improvement project (i.e. a future expense that has been paid). Right behind Chase bank off Hwy 62. Great Opportunity! Close to Joshua Tree National Park! Owner May Carry with acceptable offer. Effective sales price is 840,000 - 18,000 (Water Assessment paid)= $ 822,000 which provides a cap rate of 5.7 per seller. GREAT OPPORTUNITY!

Property Information

Property Overview

Commercial - OwnYourOwn

Property Type

Active

Status

1,975

Year Built

1

Stories

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map hidden for privacy

Exact address available upon agent contact

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