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11346 Chamberlaine Way,  Adelanto CA, 92311 (Residential Income)

Status: Active
MLS#: 509126
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Last Updated: 4/25/2019 7:39 AM
Description for 11346 Chamberlaine Way Adelanto, CA 92311
The Basen-Schendel team is proud to present an Opportunity Zone Investment opportunity for the portfolio of 14 properties consisting of 27 units located in the City of Adelanto. The portfolio consists of 23- two bedroom units and 4 - three bedroom units and is fully occupied. Demand for housing in the City of Adelanto has rarely been higher as the city has 1 million SF of Industrial space under construction and another 250,000 Sf under renovation creating an estimated 1,000 direct jobs to the City of Adelanto. Due to this economic activity and the scarce availability of housing in Adelanto and the surrounding demand, rents are on a continuous rise. This is an opportune area to invest in. Properties Included in Portfolio: 11325, 11327 & 11329 Lawson Ave, 11331 Lawson Ave, 11346 Chamberlaine Way, 11947 Lee Ave, 11956 Sage St, 12023 Chamberlaine Way, 12048 Sand Ave, 12050 Sand Ave, 11964 White Ave, 12052 Aztec Lane, 18414 Peramain Street, 18947 Bellflower St, 12072 Axtec Lane, 18010 Adelanto Rd
Price
$2,970,000
San Bernardino
509126
Active
Description
The Basen-Schendel team is proud to present an Opportunity Zone Investment opportunity for the portfolio of 14 properties consisting of 27 units located in the City of Adelanto. The portfolio consists of 23- two bedroom units and 4 - three bedroom units and is fully occupied. Demand for housing in the City of Adelanto has rarely been higher as the city has 1 million SF of Industrial space under construction and another 250,000 Sf under renovation creating an estimated 1,000 direct jobs to the City of Adelanto. Due to this economic activity and the scarce availability of housing in Adelanto and the surrounding demand, rents are on a continuous rise. This is an opportune area to invest in. Properties Included in Portfolio: 11325, 11327 & 11329 Lawson Ave, 11331 Lawson Ave, 11346 Chamberlaine Way, 11947 Lee Ave, 11956 Sage St, 12023 Chamberlaine Way, 12048 Sand Ave, 12050 Sand Ave, 11964 White Ave, 12052 Aztec Lane, 18414 Peramain Street, 18947 Bellflower St, 12072 Axtec Lane, 18010 Adelanto Rd
Listing Information
Property Type: Cluster, 1 Story
0.22 Acres $1,294.12 1980
1 Other Construction
27 Total
Neighborhood
Room Information
Interior Features
Oven
A/C - Other
Other, Other
3
Furnished
Exterior / Lot Features
Other
Desert View
0
Residential 3
Paved Road
Financial Considerations
0459051250000
$0
$0
Listing Price History

Adelanto Real Estate

Adelanto is located in California. Adelanto, California 92311 has a population of 23,692.

The median household income in Adelanto, California 92311 is $40,648. The median household income for the surrounding county is $54,100 compared to the national median of $53,482. The median age of people living in Adelanto 92311 is 31.2 years.

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Courtesy: Robert Basen - Coldwell Banker Commercial Real Estate Solutions
This content last refreshed on 4/25/2019 7:39 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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