Description
This Property Consists of (8) Studio Casitas with Covered Front Patios, Tile Roofs and Each have their Own Electric and Gas Meters & a 9th Building used as Storage on one side and Coin Operated Laundry on the other side w/ (2) Washers and (2) Dryers. Property is Zoned Commercial. A Residential Loan is Not Available for this Property. (4) Casitas were remodeled in 2015 and (4) Were Remodeled in 2018.Located Just off the 15 Freeway Between Los Angeles and Las Vegas in the same City as Eddie World.Sale Includes a Total of (4) Properties (2) Quad Plexe's and (2) Adjacent Vacant Lots currently used for Overflow Parking.2022 Income was $70k!2023 Income is Projected to be $79k+ w an 8% Vacancy Factor.Rent Roll to be Sent Upon Request.The BNSF International Gateway is expected to bring 20,000 direct and indirect jobs to the Barstow Region.Barstow has approved the new 29 Acre Cannabis Super Center at the Former Outlet Mall.Seller is Also the Agent, Manager and has Owned the Properties since 2015. Seller is willing to Manage the Project for the Buyer. You will be hard pressed to find a better Investment Opportunity in SoCal!
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0BEDS
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0.43ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
This Property Consists of (8) Studio Casitas with Covered Front Patios, Tile Roofs and Each have their Own Electric and Gas Meters & a 9th Building used as Storage on one side and Coin Operated Laundry on the other side w/ (2) Washers and (2) Dryers. Property is Zoned Commercial. A Residential Loan is Not Available for this Property. (4) Casitas were remodeled in 2015 and (4) Were Remodeled in 2018.Located Just off the 15 Freeway Between Los Angeles and Las Vegas in the same City as Eddie World.Sale Includes a Total of (4) Properties (2) Quad Plexe's and (2) Adjacent Vacant Lots currently used for Overflow Parking.2022 Income was $70k!2023 Income is Projected to be $79k+ w an 8% Vacancy Factor.Rent Roll to be Sent Upon Request.The BNSF International Gateway is expected to bring 20,000 direct and indirect jobs to the Barstow Region.Barstow has approved the new 29 Acre Cannabis Super Center at the Former Outlet Mall.Seller is Also the Agent, Manager and has Owned the Properties since 2015. Seller is willing to Manage the Project for the Buyer. You will be hard pressed to find a better Investment Opportunity in SoCal!
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.