11798-11800 White Avenue

Adelanto, CA



Close of Escrow: 08/04/2017

Total Number of Units: 20

Year Built: 1980

Sale Price: $750,000

Price per Unit: $37,500

Price per Square Foot: $80.34

CAP Rate: 8.56%

GRM: 5.24

Downpayment: $225,000

Net Operating Income: $64,185

Rentable Square Feet: 10,580

Lot Size: 0.822 Acres

Unit Type

1Bdr 1Bath

No. of Units


Le Investment group was pleased to represent both the Buyer and Seller on 11798-11800 White Avenue in Adelanto, CA. The White Avenue Apartments are situated on two lots in the city of Adelanto, CA. Together the two lots equate to approximately 0.82 acres totaling 20 units; which are composed of all 1 bedroom / 1 bath units. The property has had a recent fire which has resulted in a significant price reduction and presents a great value add opportunity for investors.