304-306 Maxine Avenue

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304-306 Maxine Avenue

Barstow, CA 92311
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • The asset is a multifamily apartment building for sale.
  • The property at 304-306 Maxine Avenue includes 2 units.
  • Barstow functions as a key logistics hub in California.
  • The location offers accessibility via major regional transit routes.
  • The area maintains steady demand for local residential housing.

What's Special

This multifamily apartment building contains 2 units and is situated at 304-306 Maxine Avenue in Barstow, California. The property occupies a strategic position within the local residential landscape, offering a straightforward investment for those focused on small-scale rental housing. Barstow serves as a significant logistics and transportation hub in the High Desert region, benefiting from its intersectional location between major Southern California transit arteries and its proximity to key distribution centers. The area supports a consistent demand for housing driven by the workforce supporting these industrial and commercial activities. This asset presents a functional layout suitable for investors seeking to manage a compact residential holding in an active inland submarket. The stable nature of this asset type allows for direct management of rental income streams within a well-connected portion of the regional housing market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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