N/A, Yucca Valley

$840,000

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About N/A

PRICE REDUCED! Prime Location! Well maintained and well established 10 unit office space units with courtyard. A total of 5463 Sq'. Total rent is about $60,000 pa. and after direct expenses achieves a net income before taxes of $47,121. The property is well located in town with easy access and parking. Many of the tenants in the building are long term and turnover has been modest. The property has been upgraded in the past 5 years with a new roof, A/C units, parking asphalt and the cash assets include a $18,160 deposit with the Hi Desert Water Assessment for the sewer improvement project (i.e. a future expense that has been paid). Right behind Chase bank off Hwy 62. Great Opportunity! Close to Joshua Tree National Park! Owner May Carry with acceptable offer. Effective sales price is 840,000 - 18,000 (Water Assessment paid)= $ 822,000 which provides a cap rate of 5.7 per seller. GREAT OPPORTUNITY!

Features of N/A

MLS® # 18333552PS
Price $840,000
Bathrooms 0.00
Acres 0.00
Year Built 1975
Type Commercial Sale
Sub-Type Own Your Own
Status Active

Community Information

Address N/A
Area DC531 - Central East
City Yucca Valley
County San Bernardino
Zip Code 92284

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Has Basement No
Fireplace No
# of Stories 1

Additional Information

Date Listed April 16th, 2018
Days on Market 2467
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDavepaulette Renney
OfficeBennion Deville Homes

Listing Map

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