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

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.

