About 22526 Sioux Road
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.
Features of 22526 Sioux Road
| MLS® # | HD23204397 |
|---|---|
| Price | $5,400,000 |
| Bedrooms | 8 |
| Bathrooms | 7.00 |
| Acres | 1.84 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Closed |
Community Information
| Address | 22526 Sioux Road |
|---|---|
| City | Apple Valley |
| County | San Bernardino |
| State | CA |
| Zip Code | 92308 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | Yes |
| Pool | Community/Common |
Interior
| Fireplace | Yes |
|---|
Additional Information
| Date Listed | November 6th, 2023 |
|---|---|
| Days on Market | 305 |
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Commercial Rea |
|---|