Victorville – Three Single Family Homes

Type: Multifamily

15705 Tern Road Victorville, CA 92394

Victorville - Three Single Family Homes

Total Number of Units: 3

Year Built: 2006

Sale Price: $1,250,000

Price per Unit: $416,667

Price per Square Foot: $209.49

CAP Rate: 5.88%

GRM: 12.33

Downpayment: $500,000

Net Operating Income: $73,521

Rentable Square Feet: 5,967

Lot Size: 0.5

Unit Type

4B3B

4B3B

4B3B

No. of Units

1

1

1

Le Investment Group is proud to present 15705 Tern Rd, a well maintained three home investment portfolio located in a quiet residential neighborhood. Built in 2006, the property consists of three (3) spacious 4 bedroom, 3 bathroom homes totaling 5,967 rentable square feet on a 0.5 acre lot, with a single APN currently eligible for division into three separate parcels, adding future flexibility and value potential. The asset offers a 6.89% ProForma Cap Rate and 11.57 ProForma GRM through legal annual rent increases, supported by strong in place rents, long term tenants, and a clean, turnkey, financeable profile ideal for both private and 1031 exchange buyers.