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Investment Highlights

  • 48 Units | 100% Two-Bedroom Unit Mix
  • Strong Rental Upside Through Market Rent Growth
  • Recent Capital Improvements & Minimal Deferred Maintenance
  • 7.13% Current CAP Rate | 8.06% Pro Forma CAP Rate
  • Low-Density Single-Story Asset on 3.98 Acres
  • High-Demand High Desert Market with Logistics-Driven Growth

Executive Summary

Sunnyside Apartments is a 48-unit multifamily investment opportunity located at 11200 Chamberlaine Way in Adelanto, California. Situated on approximately 3.98 acres, the property consists of 12 single-story residential buildings totaling approximately 38,544 rentable square feet and features spacious two-bedroom, one-bathroom units within a desirable low-density community setting. Built in 1984, the property offers investors a stable income-producing asset with value-add potential through continued rental growth and operational efficiencies. Residents benefit from convenient access to schools, shopping, major transportation corridors, and regional employment centers throughout the High Desert and Inland Empire. Adelanto continues to experience increasing rental demand driven by population growth, housing affordability relative to surrounding Southern California markets, and ongoing industrial and logistics expansion, positioning Sunnyside Apartments as an attractive long-term investment opportunity with strong cash flow and future appreciation potential.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $10,002,240 CAD
Price Per Unit $208,380 CAD
Sale Type Investment
Cap Rate 7.13%
Gross Rent Multiplier 8.11
No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 4.08 AC
Building Size 38,544 SF
Average Occupancy 98%
No. Stories 1
Year Built 1984
Parking Ratio 1.56/1,000 SF
Opportunity Zone Yes
Zoning RM, Adelanto

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Range
  • Tub/Shower
  • Patio

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Gated
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 48 $102,816 CAD 803
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
0459-611-10
Land Assessment
$277,074 CAD
Improvements Assessment
$4,848,811 CAD
Total Assessment
$5,125,885 CAD
  • Listing ID: 40717335

  • Date on Market: 2026-05-29

  • Last Updated:

  • Address: 11200 Chamberlaine Way, Adelanto, CA 92301

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