15315 Tokay Street
Victorville, CA 92395
0.58 acres | #IV25036206
Description
Shovel-Ready 8-Unit Apartment Complex – Prime Investment Opportunity!
Skip the wait and start building immediately with this fully approved 8-unit apartment complex! All plans approved and in place, saving you up to two years of work and ensuring a hassle-free development process. The seller will deliver a fully approved package with all permits ready for issuance.
Located in a high-demand area, this project is designed to maximize rental income and deliver strong returns. Each unit is projected to rent for $2,200 per month, generating a value at a 6% cap rate of $3,500,000—a perfect formula for long-term success.
Don’t miss this rare shovel-ready opportunity to secure a high-performing asset.
Plans and drawings are under the supplements tab. Act now—opportunities like this won’t last!
Contact us today for details! This is your chance to hit the ground running. and secure this shovel-ready opportunity!
Property Details
- Utility FeaturesElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
- Lot DescriptionSixToTenUnitsAcre, Level, RectangularLot
- Sewer InformationPublicSewer, SewerAppliedForPermit
- CountySan Bernardino
- MLS #IV25036206
- MLS #IV25036206
- ViewMountains
- Property TypePurchase
- Original List Price$975,000
- Acres0.5785
- Utility SourcePublic
- Cost975000
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: BARRY GOODRICH (#IGOODBAR)
Listing Office: KELLER WILLIAMS REALTY (#IVKWRRED)
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