Listing provided courtesy of Jason Hurst of EGL Properties Incorporated. Last updated 2024-11-18 09:12:38.000000. Listing information © 2024 Sandicor.
Asking Price: $699,999
11560 Sage, Adelanto CA 92301
Community: ADL - Adelanto
This property was built in 1985 and is priced at $699,999. Please see the additional details below.
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 even 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.