Shovel-Ready 8-Unit Apartment Complex – Prime Investment Opportunity!
Skip the wait and start building immediately with this fully approved 8-unit apartment complex! All plans approved and in place, saving you up to two years of work and ensuring a hassle-free development process. The seller will deliver a fully approved package with all permits ready for issuance.
Located in a high-demand area, this project is designed to maximize rental income and deliver strong returns. Each unit is projected to rent for $2,200 per month, generating a value at a 6% cap rate of $3,500,000—a perfect formula for long-term success.
Don’t miss this rare shovel-ready opportunity to secure a high-performing asset.
Plans and drawings are under the supplements tab. Act now—opportunities like this won’t last!
Contact us today for details! This is your chance to hit the ground running. and secure this shovel-ready opportunity!
Skip the wait and start building immediately with this fully approved 8-unit apartment complex! All plans approved and in place, saving you up to two years of work and ensuring a hassle-free development process. The seller will deliver a fully approved package with all permits ready for issuance.
Located in a high-demand area, this project is designed to maximize rental income and deliver strong returns. Each unit is projected to rent for $2,200 per month, generating a value at a 6% cap rate of $3,500,000—a perfect formula for long-term success.
Don’t miss this rare shovel-ready opportunity to secure a high-performing asset.
Plans and drawings are under the supplements tab. Act now—opportunities like this won’t last!
Contact us today for details! This is your chance to hit the ground running. and secure this shovel-ready opportunity!
Property Details
Price:
$975,000
MLS #:
IV25036206
Status:
Active
Baths:
0
Address:
15315 Tokay Street 3093491100000
Type:
Land
Neighborhood:
vicvictorville
City:
Victorville
Listed Date:
Feb 18, 2025
State:
CA
ZIP:
92395
Lot Size:
25,200 sqft / 0.58 acres (approx)
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Foothills
Fencing
None
Lot Features
6-10 Units/ Acre, Rectangular Lot, Level
Sewer
Public Sewer, Sewer Applied for Permit
View
Mountain(s)
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Map
Community
- Address15315 Tokay Street 3093491100000 Victorville CA
- AreaVIC – Victorville
- CityVictorville
- CountySan Bernardino
- Zip Code92395
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15315 Tokay Street 3093491100000
Victorville, CA
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