20365 Broken Bow Rd, Apple Valley, CA

Name: 20365 Broken Bow Rd, For Sale in Apple Valley - eXp Realty
Brand: Burton Commercial, Inc.
SKU: SW26129662
Price: 699000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$699,000

000

MLS® SW26129662

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage

HOA Fees

Taxes

Days Active 5

Approx. Age 1950

MLS® Number SW26129662

Property Address: 20365 Broken Bow Rd, Apple Valley, CA, 92307-6162

Average square foot calculated using Size range provided by listing agent.

Description

This offering consists of 5 units in Apple Valley. This neighborhood is high pride of ownership consisting of SFR's and multifamily. This complex is located in an ideal location. Not only is the neighborhood great but it's also located just a few hundred feet away form the Apple Valley Commons Shopping Center. This center consists of Walmart, Target, and Albertsons. Thus, tenants can easily walk to get whatever they need. Also, for tenants children, these units are located within walking distance to elementary, middle, and high schools. The local public bus service is located just down the block!! These units consist of: Two 2 bedrooms 1 baths, Two 1 bedrooms 1 baths, and, One studio. All units have their own gas & electric meters that the tenants sign up & pay for. All units have private yards/patios. Kitchens & appliances have been upgraded. Ceiling fans and tile floors throughout. All units are window AC/swamp cooler cooled, and wall heater heated. Roof is in great shape with a 30 year warranty, and only 10 years old!! Cash flow is excellent. At actual rents, it's putting out $5, 885 monthly gross rent, and $70, 620 annual gross rent. Equating to a rarely seen 9.90 Gross Rent Multiplier. Net Operating Income equates to $55, 203 annually which gives us an outstanding 7.90% Cap Rate at actuals rents!! Rents are below market but are month to month. While this offering performs better on actual rents than any other multifamily in the Upper Desert, the returns go off the charts at market rents. At market rents, based on nearby rent comps, this complex can put out $7, 800 monthly and $93, 600 annually!! TO VIEW THIS INFORMATION, INCLUDING RENT COMPS PLUS ACUTAL & MARKET RENT ROLL, PLEASE SEE SUPPLEMENTS ATTACHED AT THE TOP OF THIS MLS LISTING!!! THIS IS THE BEST PERFORMING MULTIFAMILY IN THE UPPER DESERT!!!

MLS® NumberSW26129662

Locker

Ensuite LaundryYes

Balcony

Furnished

Laundry LevelEnsuite

Exposure

Exterior

Garage

Approx. Age1950

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 14, 2026List Date

$699,000List Price

Commute

Commute

Starting Address

Destination Address

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