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: $1,350,000

Price per Unit: $450,000

Price per Square Foot: $226.24

CAP Rate: 5.18%

GRM: 13.31

Downpayment: $540,000

Net Operating Income: $69,973

Rentable Square Feet: 5,967

Lot Size: 0.5

Unit Type

4B3B

4B3B

4B3B

No. of Units

1

1

1

A well-maintained, three (3) SFR 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 5.26% ProForma CAP rate and 13.19 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.