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15315 Tokay St
Victorville, CA 92395
Tokay st · Land For Sale · 0.57 AC

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INVESTMENT HIGHLIGHTS

  • Project has been approved by the city
  • Growing area in need of housing
  • Environmental impact is signed off on

EXECUTIVE SUMMARY

Seller Financing available! Shovel-Ready 8-Unit Apartment Complex – Prime Investment Opportunity! Skip the wait and start building immediately with this fully approved 8-unit apartment complex! All plans approved and in place, saving you up to two years of work and ensuring a hassle-free development process. Located in a high-demand area, this project is designed to maximize rental income and deliver strong returns. Each unit is projected to rent for $2,200 per month, generating a value at a 6% cap rate of $3,500,000—a perfect formula for success. Don’t miss this rare shovel-ready opportunity to secure a high-performing asset. Act now—opportunities like this won’t last! ?? Contact us today for details! This is your chance to hit the ground running. and secure this shovel-ready opportunity!

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.57 AC
Zoning MDR - Mixed Density Residential

1 LOT AVAILABLE

Lot 45

Price $682,273 CAD
Price Per AC $1,188,793.14 CAD
Lot Size 0.57 AC

Flat lot, with utilities directly in front at the street. Just one block N of Bear Valley Rd. High volume location with fast growing population. All plans approved and ready for execution,.

DESCRIPTION

Shovel-Ready 8-Unit Apartment Complex – Prime Investment Opportunity! Skip the wait and start building immediately with this fully approved 8-unit apartment complex! All plans approved and in place, saving you up to two years of work and ensuring a hassle-free development process. Located in a high-demand area, this project is designed to maximize rental income and deliver strong returns. Each unit is projected to rent for $2,200 per month, generating a value at a 6% cap rate of $3,500,000—a perfect formula for long-term success. Don’t miss this rare shovel-ready opportunity to secure a high-performing asset. Act now—opportunities like this won’t last! ?? Contact us today for details! This is your chance to hit the ground running. and secure this shovel-ready opportunity!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3093-491-10
Land Assessment
$129,061 CAD
Improvements Assessment
$0 CAD
Total Assessment
$129,061 CAD
  • Listing ID: 34888316

  • Date on Market: 2025-02-20

  • Last Updated:

  • Address: 15315 Tokay St, Victorville, CA 92395

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