8-Unit Apple Valley
Type: Multifamily
19287 US HWY 18 (Outer Hwy 18) Apple Valley, CA 92307
Status:
Sold
Close of Escrow: 08/28/2025
Total Number of Units: 8
Year Built: 1979
Sale Price: $1,275,000
Price per Unit: $159,375
Price per Square Foot: $177.28
CAP Rate: 6.05%
GRM: 9.77
Downpayment: $557,200
Net Operating Income: $88,077
Rentable Square Feet: 7,192
Lot Size: 0.61
Unit Type
2B1B
No. of Units
8
Le Investment Group is pleased to present this 8-unit multifamily opportunity on Highway 18 in Apple Valley. All units feature spacious 2-bed/1-bath layouts. The property offers a strong in-place CAP rate of 6.29%, with a ProForma CAP rate of 7.25%, showcasing both solid performance and upside potential. Priced below comps at just $175k per unit. Attractive financing available: 6.00% interest rate with 60.20% LTV.
