22526 Sioux Road
Apple Valley, CA, 92308
$5,400,000
Beds
0 Baths
SqFt
1.84 Acres
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One may contend that value-added properties, particularly of this magnitude, are scarce in today’s market. With its 38 units, this stands as one of the most sizable apartment complexes in Apple Valley, California. Notably, this building currently offers rental rates below prevailing market levels, indicating the potential for enduring enhancements in revenue stability.

Apple Valley has experienced significant population growth and a surge in economic activity, underscored by the emergence of new retail and industrial developments. As a result, the demand for housing is poised to intensify further, reflecting the ongoing growth trajectory in the region. This is a GEM in the making.

Property Details

Price:
$5,400,000
MLS #:
HD23204397
Status:
Pending
Baths:
0
Address:
22526 Sioux Road
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
appvapplevalley
City:
Apple Valley
Listed Date:
Nov 6, 2023
State:
CA
ZIP:
92308
Lot Size:
80,150 sqft / 1.84 acres (approx)
Year Built:
1986
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Interior

Exterior

Community Features
Valley
Garage Spaces
18.00
Lot Features
16-20 Units/ Acre
Parking Features
None
Parking Spots
18.00
Pool Features
Community, Fenced, See Remarks
Sewer
None
Stories Total
2
Water Source
Private

Financial

Tenant Pays
Electricity, Gas

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Community

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22526 Sioux Road
Apple Valley, CA