$699,999
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11560 Sage Street Adelanto, CA 92301
Cluster
Residence
8
Beds
4
Baths
2,895
Sq. Ft.
0.24
Acre
Lot
Property Activity
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High cash-flowing, multi-unit property that is fully tenanted. An incredible opportunity for someone looking to expand their real-estate portfolio.This property currently generates $63,132 / year, meaning gross rental income is 9.02% the price. That's a 7.51 cap rate on the $700,000 ask. There's eve...n room for upside one of the units is currently $800 / mo; you could live in it and make $59,748 per year, or charge market rates and get an even higher cap rate. This is THE property for the high cash flow investor.
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MLS#
24399019
Property Type
Cluster
Status
Bedrooms
8
Bathrooms
Year Built
1985
Square Feet
2,895
sq. ft
Lot Size
0.24
Stories
1.0
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