15535 Broken Bow Rd 8 Unit Apartment Building $1,433,266 CAD ($179,158 CAD/Unit) Apple Valley, CA 92307

15535 Broken Bow Rd presents an opportunity to acquire an 8-unit apartment property comprised entirely of 2-bedroom / 1-bath units in Apple Valley. The property offers significant upside potential through continued renovations, lease-up of vacant units, and future rental increases on the existing occupied units which are currently below market.
Few of the units have already been taken down to the studs, creating an opportunity for a new owner to complete renovations to their preferred standard and capitalize on increased market rents. The remaining occupied units provide in-place income while allowing for a phased repositioning strategy over time.
The property is well suited for an investor seeking a true value-add opportunity with operational upside rather than a fully stabilized asset. The consistent 2-bedroom floorplans, efficient layouts, and strong demand for affordable workforce housing in the High Desert position the property for long-term rental demand once improvements are completed.
Conveniently located near retail centers, schools, and major commuter routes, the property provides tenants with access to everyday amenities throughout the Apple Valley market.