Victorville – Three Single Family Homes
Type: Multifamily
15705 Tern Road Victorville, CA 92394

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.

