Overview

This Lancaster Apartment Property, located in an Opportunity Zone, is an excellent choice for investors seeking long-term passive income. The property features bread-and-butter units in a private, gated community.

Property Features

• Type: Garden-style apartment complex.
• Amenities: Pool, spa, clubhouse, leasing office, community coin laundry facilities, playground, and park-like grounds with mature trees and beautiful landscaping.
• Unit Mix: Spacious one- and two-bedroom units.
• Outdoor Spaces: Private patios and/or balconies.
• Buildings: 19 buildings, each with 8 units.
• Parking: 228 covered carports and 75 surface parking spaces.

Location Benefits

• Accessibility: Close proximity to the CA 14 Freeway.
• Nearby Facilities: Adjacent to the Regional Antelope Valley Hospital.

Investment Potential

• Upside Potential: Huge potential for value-add and raising below-market rents.

Property Attributes

• Bedrooms: 240
• Full Bathrooms: 208
• Half Bathrooms: 0
• Square Footage: 122,713
• Lot Size: 9.88147 Acres