Jeremiah Moersch REALTOR®
Office: 760-533-2540
22526 22544 Sioux Road, Apple Valley
$5,750,000
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11 Beds
9 Baths
1.84 Acres
18 Garages
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.
Essential Information
- MLS® #
- HD23204397
- Price
- $5,750,000
- Bedrooms
- 11
- Bathrooms
- 9.00
- Acres
- 1.84
- Year Built
- 1986
- Type
- Residential Income
- Sub-Type
- Apartment
- Status
- Active
Community Information
- Address
- 22526 22544 Sioux Road
- Area
- APPV - Apple Valley
- City
- Apple Valley
- County
- San Bernardino
- Zip Code
- 92308
- Community Features
- Pool, Valley
- Senior Community
- N
Amenities
- Utilities
- Sewer Not Available
- Parking Spaces
- 18
- Parking
- None
- # of Garages
- 18
- Garages
- None
- Has Pool
- Yes
- Pool
- Community, Fenced, See Remarks
Interior
- # of Stories
- 2
Exterior
- Lot Description
- 16-20 Units/Acre
Additional Information
- Date Listed
- November 6th, 2023
- Days on Market
- 185
Listing Details
- Agent
- Jerrad Schendel
- Office
- Coldwell Banker Commercial Rea
Property History
Price Reduced from $6,500,000 to $5,750,000
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of May 9th, 2024 at 12:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.