• 6563 OASIS AVENUE, TWENTYNINE PALMS, CA, 92277

For Sale

Multi-Family

For Sale

This property is available for sale
$1,099,000
Sale Price
  • Overview

    Commercial Asset Advisors is pleased to present a fully
    renovated to the studs multifamily asset producing an
    in-place 7.50% cap rate in-place and a 8.41% proforma
    cap rate.
    The property has undergone extensive capital
    improvements in the last 18 months including but not
    limited to all new plumbing supply, electrical, roofs,
    windows, HVAC, quartz countertops, vinyl flooring, new
    cabinetry, fencing, landscaping, stucco, and paint.
    The asset provides an investor with the unique
    opportunity to acquire a truly turnkey multifamily holding
    in California with a highly qualified and stable tenant
    base to produce superior returns to market rate t-bills,
    bonds, etc while also receiving the various tax benefits
    and appreciation returns of California real estate.

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Property Details

Commercial Asset Advisors is pleased to present a fully
renovated to the studs multifamily asset producing an
in-place 7.50% cap rate in-place and a 8.41% proforma
cap rate.
The property has undergone extensive capital
improvements in the last 18 months including but not
limited to all new plumbing supply, electrical, roofs,
windows, HVAC, quartz countertops, vinyl flooring, new
cabinetry, fencing, landscaping, stucco, and paint.
The asset provides an investor with the unique
opportunity to acquire a truly turnkey multifamily holding
in California with a highly qualified and stable tenant
base to produce superior returns to market rate t-bills,
bonds, etc while also receiving the various tax benefits
and appreciation returns of California real estate.

  • Property Type
    Multi-Family
  • Sale Price
    $1,099,000
  • Will build to suit
    No
  • Sewer
    No
  • Corner lot
    No
  • Last updated
    Jan 30, 2024
  • Property ID
    2232844