For Sale, USD 7,200,000
1218 E Avenue Q, Palmdale CA 93550, Palmdale, California, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 23,230 ft² / 2,158 m²
Land Size : N/A
Bedroom : 48
Bathroom : 24
Half Bathroom : 0
MLS#: N/A
Property Description
Rare High-Upside Value-Add Opportunity! 24-Unit Apartment Complex with 6 VACANT Units Ready for Immediate Lease-Up. All Units have been Upgraded. Perfect for an Investor Looking to Capture Instant Equity and Rapidly Increase Cash Flow. Strong 2 Bed and 1 Bath Unit with High Rental Demand. Significant Upside Through Leasing Vacant Units at Market Rents and Repositioning Remaining Units. Existing Ownership Pays Water and Trash Clear Path to Improving NOI Through Expense Pass-Throughs. Additional Income Potential from On-Site Laundry. Property Offers Carport Parking and Private Balconies on Upstairs Units, Enhancing Tenant Appeal and Rent Premiums. Ideal for Experienced Investor Seeking a Heavy Value-Add or Stabilization Play with Major Income Growth Potential. Sold As-Is. Buyer to Verify all Information. Do Not Disturb Tenants.
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1218 E Avenue Q, Palmdale CA 93550, United States,California,Palmdale is a 23,230ft² Palmdale luxury Multi-Family Home listed for sale USD 7,200,000. This high end Palmdale Multi-Family Home is comprised of 48 bedrooms and 24 baths. Find more luxury properties in Palmdale or search for luxury properties for sale in Palmdale.