20285 Serrano

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20285 Serrano

Apple Valley, CA 92307
Asking Price
$799K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building available for sale in Apple Valley.
  • The subject property consists of four individual rental units.
  • The current asking price for the asset is $799,000.
  • Located in a growing suburban market within San Bernardino County.
  • Ideal for investors seeking to capture consistent residential rental demand.

What's Special

Priced at $799,000, this multifamily apartment building located at 20285 Serrano in Apple Valley, California, presents a clear residential investment prospect. The property consists of four units, catering to the ongoing demand for rental housing within the High Desert region. Apple Valley serves as a growing suburban market within the San Bernardino County area, benefiting from regional connectivity and a steady population base that supports long-term residential leasing strategies. Investors looking to expand their portfolio in this submarket will find a straightforward asset designed for efficient property management and unit turnover. Given the configuration of the building, the property is well-suited for a buy-and-hold strategy focused on securing consistent cash flow through multi-tenant occupancy. The location provides proximity to local infrastructure and essential services, ensuring appeal to a consistent demographic of renters seeking affordable housing options outside the major metropolitan hubs of Southern California.

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NOI
$80,000
Cap Rate
10.01%
DSCR
1.69
Strong
Cash-on-Cash
13.59%
Monthly Payment
$3,953.016
Annual Cash Flow
$32,563.807

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