USACAApple Valley20365 Broken Bow
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20365 Broken Bow, Apple Valley, CA

Condo

For Sale

Listed price in listed location currency (USD).
$699,000

000

MLS® SW26129662

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1950
MLS® Number SW26129662

Property Address: 20365 Broken Bow, Apple Valley, CA, 92307

Average square foot calculated using Size range provided by listing agent.

Description

This offering consists of 5 units in Apple Valley. The neighborhood is high pride of ownership consisting of SFR's and multifamily. The units consist of: Two 2 bedrooms 1 baths, Two 1 bedrooms 1 baths, and, One studio. Kitchens & appliances have been upgraded. Ceiling fans and tile floors throughout. Cash flow is excellent. At actual rents, it's putting out $5, 885 monthly gross rent, and $70, 620 annual gross rent. Equating to a rarely seen 9.90 Gross Rent Multiplier. Net Operating Income equates to $55, 203 annually which gives us an outstanding 7.90% Cap Rate!! Rents are below market but are month to month. While this offering performs better on actual rents than any other multifamily in the Upper Desert, the returns go off the charts at market rents. At market rents, based on nearby rent comps, this complex can put out $7, 800 monthly and $93, 600 annually!! TO VIEW THIS INFORMATION, INCLUDING RENT COMPS PLUS ACUTAL & MARKET RENT ROLL, PLEASE SEE SUPPLEMENTS ATTACHED AT THE TOP OF THIS MLS LISTING!!! THIS IS THE BEST PERFORMING MULTIFAMILY IN THE UPPER DESERT!!!
MLS® NumberSW26129662
Locker
Ensuite LaundryYes
Balcony
Furnished
Laundry LevelEnsuite
Exposure
Exterior
Garage
Approx. Age1950
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 14, 2026List Date
$699,000List Price
  • Commute

Commute

Starting Address
Destination Address
20365 Broken Bow, Apple Valley, CA

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