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Bagley's Manor 6038 Bagley Ave 10 Unit Apartment Building $1,189,758 CAD ($118,976 CAD/Unit) 8.45% Cap Rate Twentynine Palms, CA 92277
Investment Highlights
- Ten-unit multifamily property with a mix of studios, one-bedroom, and two-bedroom layouts.
- Onsite laundry facilities provide added convenience for residents.
- Each unit is individually metered for electricity, reducing owner utility expenses.
Executive Summary
Welcome to a lucrative investment opportunity nestled in the heart of 29 Palms. This multi-unit property, located at 6038 Bagley Avenue, boasts 10 spacious and well-maintained units, offering a blend of comfort and convenience. This property is an ideal addition to any investment portfolio, offering a winning combination of current income and future appreciation. The area is known for its proximity to Joshua Tree National Park, making it a popular spot for nature lovers and those seeking outdoor activities. Don't miss this opportunity to acquire a valuable piece of real estate in a growing community. 10 well maintained units the have a solid rental track record. Mix of a Studio, 1's, 2's & Onsite laundry. Also, each unit is individually metered for electricity! Tenants pay water and power bills.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- Laundry Facilities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 5 | - | - |
| 2+1 | 4 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0618-282-10 | Improvements Assessment | $574,620 CAD |
| Land Assessment | $78,716 CAD | Total Assessment | $653,336 CAD |
Property Taxes
Parcel Number
0618-282-10
Land Assessment
$78,716 CAD
Improvements Assessment
$574,620 CAD
Total Assessment
$653,336 CAD
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Bagley's Manor | 6038 Bagley Ave
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