10 Unit Portfolio

7208-7222 Palo Alto Ave Yucca Valley, CA

Status:

Sold

Close of Escrow: 10/23/2018

Total Number of Units: 10

Year Built: 1988

Sale Price: $990,000

Price per Unit: $99,000

Price per Square Foot: $99.90

CAP Rate: 6.55%

GRM: 9.07

Unit Type

2Bdr 1Bath

2Bdr 1.5Bath

No. of Units

4

6

The Palo Alto Apartment community is a true pride of ownership property, owned and operated by the same owner. This complex has 4 buildings that occupies 2 lots with 2 separate APN numbers on a large 0.508 acre lot. The owner has invested 20k in capital expenditures that includes 4 fully renovated units.