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11821 Aztec Lane
Adelanto, CA 92301
Asking Price
$75K
Asset Type
Single Family Rental Portfolio Land
Class
Class B
What's Special
Land | 0.93 acres <p>Almost 1 acre of land for sale on Aztec Ln in Adelanto; APN: 0459-232-44. Zoning is Business Park (BP) - now with a residential overlay - which in effect is almost a Mixed Use Zoning. Residential and Residential Income are now permitted as well as commercial and light industrial. This lot is bordered by a mobile home park, a duplex and a triplex - multiple units would fit right in. In addition, utilities are available per the City's Water and Sewer Map (4th picture attached). Also, this
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NOI
$80,000
Cap Rate
106.67%
DSCR
17.97
Strong
Cash-on-Cash
335.77%
Monthly Payment
$371.059
Annual Cash Flow
$75,547.291
