9931 El Mirage Road

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9931 El Mirage Road

Adelanto, CA 92301
Asking Price
$42K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily residential development site in Adelanto, California.
  • Property located at 9931 El Mirage Road.
  • Site asset type classified as apartment building.
  • Available for purchase at a price of 42000 dollars.
  • Positioned within the growing San Bernardino County region.

What's Special

Investors seeking a residential development project will find this multifamily asset in Adelanto a practical addition to a portfolio. The property, located at 9931 El Mirage Road, is positioned within a high desert community in San Bernardino County, an area increasingly recognized for its growth potential and expanding housing demands. The site offers a foundation for apartment building development, suitable for developers looking to capitalize on regional population shifts in Southern California. As the Inland Empire continues to experience economic diversification and infrastructure improvements, this parcel provides a strategic entry point for those aiming to contribute to the local housing supply. The site benefits from its accessibility within the Adelanto submarket, facilitating straightforward project planning and execution for residential construction. This acquisition represents a focused opportunity for parties interested in the multi-family sector within an emerging suburban corridor.

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NOI
$80,000
Cap Rate
190.48%
DSCR
32.08
Strong
Cash-on-Cash
615.13%
Monthly Payment
$207.793
Annual Cash Flow
$77,506.483

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