La Bella Vita Apartments

8671 C Avenue – Hesperia, CA 92345

Status:

Sold

Close of Escrow: 12/17/2013

Total Number of Units: 38

Year Built: 2009

Sale Price: $3,750,000

Price per Unit: $98,694

Price per Square Foot: $98.43

CAP Rate: 6.05%

Downpayment: $1,312,500 (35%)

Net Operating Income: $226,851

Rentable Square Feet: 38,099

Lot Size: 2.45 Acres

Unit Type

2Bdr 2Bath

2Bdr 2.5Bath

3Bdr 2Bath

No. of Units

38

1

1

The property was constructed in 2009 and provides the investor with 37 two-bedroom apartments and 1 three-bedroom apartments.