$5,400,000
38,730 Sqft
80,150 Sqft

22526 Sioux Road, Apple Valley Ca 92308

  • Commercial Sale Property Type
  • 305 Days Days On Market
  • 1986 Year Built
Property Description

One may contend that value-added properties, particularly of this magnitude, are scarce in today’s market. With its 38 units, this stands as one of the most sizable apartment complexes in Apple Valley, California. Notably, this building currently offers rental rates below prevailing market levels, indicating the potential for enduring enhancements in revenue stability. Apple Valley has experienced significant population growth and a surge in economic activity, underscored by the emergence of new retail and industrial developments. As a result, the demand for housing is poised to intensify further, reflecting the ongoing growth trajectory in the region. This is a GEM in the making.

Basic Details
Commercial Sale
Other
Pending
CRHD23204397
$5,400,000
305
38,730 Sqft
1986
80,150 Sqft
1.84 Acre
Pending
Features
: See Remarks
: None
Address Map
CA
San Bernardino
Apple Valley
92308
Sioux Road
22526
W118° 49' 42.6''
Bear Valley Rd to Central on th
Additional Info
Coldwell Banker Commercial Rea
Jerrad Schendel
jerrad.schendel@cbcinland.com
Pending
Private
For Sale
Price History
01/01/1970
11/06/2023
$6,500,000
$5,750,000
Additional Information
38730
Listing Information
2024-11-23T19:22:34Z
Robert Basen
Coldwell Banker Commercial Rea
BayEast
CR361186186
CR361174261
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    Rekha Mahalingam
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    Sriram Akella
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