Description
Fully occupied 10 unit apartment complex offering above market returns. This 10 unit consists of 4 3 bedroom units and 6 2 bedroom units all renovated over the last three years. With a shortage of housing renting these units has been no problem even through Covid. In fact vacancies rates for the area were at their lowest in the 4th Quarter of 2020 as they were all year. 5.25% Cap on current financials. 6% Cap on market rents. Quantico 10 unit is located in one of the most desirable areas of the High Desert known as Desert Knolls. Close Proximity to St. Mary Hospital and supporting medical business. The location is convenient and highly desirable due to the abundance of high paying medical service jobs and the close proximity to Highway 18 for an easy commute.
Details
| MLS# | 531834 |
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| Listing Type | For Sale |
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| Sub-Type | Resale |
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| Status | Active |
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| Year | 1985 |
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| Days On Site | 23 |
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Features
| Units | 10 |
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| Building(s) | 4 |
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| Property View | Desert |
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| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
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| Date: Jan 2021 | Sales: 26 | Avg $ Per SqFt: $170.43 | Min Sale Price: $28,750 | Max Sale Price: $699,000 | Med Sale Price: $304,500 |
| Date: Dec 2020 | Sales: 3 | Avg $ Per SqFt: $87.75 | Min Sale Price: $55,000 | Max Sale Price: $295,000 | Med Sale Price: $67,000 |
| Date: Nov 2020 | Sales: 31 | Avg $ Per SqFt: $158.66 | Min Sale Price: $1,400 | Max Sale Price: $680,000 | Med Sale Price: $320,000 |
| Date: Oct 2020 | Sales: 58 | Avg $ Per SqFt: $169.7 | Min Sale Price: $1,740 | Max Sale Price: $640,000 | Med Sale Price: $312,250 |
| Date: Sep 2020 | Sales: 48 | Avg $ Per SqFt: $157.82 | Min Sale Price: $10,000 | Max Sale Price: $820,000 | Med Sale Price: $306,000 |
| Date: Aug 2020 | Sales: 61 | Avg $ Per SqFt: $175.01 | Min Sale Price: $9,800 | Max Sale Price: $2,250,000 | Med Sale Price: $320,000 |
| Date: Jul 2020 | Sales: 58 | Avg $ Per SqFt: $167.97 | Min Sale Price: $14,000 | Max Sale Price: $980,000 | Med Sale Price: $302,500 |
| Date: Jun 2020 | Sales: 28 | Avg $ Per SqFt: $160.53 | Min Sale Price: $8,000 | Max Sale Price: $554,000 | Med Sale Price: $301,875 |
| Date: May 2020 | Sales: 51 | Avg $ Per SqFt: $155 | Min Sale Price: $4,000 | Max Sale Price: $530,000 | Med Sale Price: $309,900 |
| Date: Apr 2020 | Sales: 42 | Avg $ Per SqFt: $152.21 | Min Sale Price: $9,250 | Max Sale Price: $595,000 | Med Sale Price: $279,000 |
| Date: Mar 2020 | Sales: 72 | Avg $ Per SqFt: $150.81 | Min Sale Price: $13,000 | Max Sale Price: $490,000 | Med Sale Price: $265,000 |
| Date: Feb 2020 | Sales: 54 | Avg $ Per SqFt: $145.85 | Min Sale Price: $22,000 | Max Sale Price: $715,000 | Med Sale Price: $296,700 |
| Jan 2021 |
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| Sales: | 26 |
| Avg $ Per SqFt: | $170.43 |
| Min Sale Price: | $28,750 |
| Max Sale Price: | $699,000 |
| Med Sale Price: | $304,500 |
| Dec 2020 |
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| Sales: | 3 |
| Avg $ Per SqFt: | $87.75 |
| Min Sale Price: | $55,000 |
| Max Sale Price: | $295,000 |
| Med Sale Price: | $67,000 |
| Nov 2020 |
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| Sales: | 31 |
| Avg $ Per SqFt: | $158.66 |
| Min Sale Price: | $1,400 |
| Max Sale Price: | $680,000 |
| Med Sale Price: | $320,000 |
| Oct 2020 |
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| Sales: | 58 |
| Avg $ Per SqFt: | $169.7 |
| Min Sale Price: | $1,740 |
| Max Sale Price: | $640,000 |
| Med Sale Price: | $312,250 |
| Sep 2020 |
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| Sales: | 48 |
| Avg $ Per SqFt: | $157.82 |
| Min Sale Price: | $10,000 |
| Max Sale Price: | $820,000 |
| Med Sale Price: | $306,000 |
| Aug 2020 |
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| Sales: | 61 |
| Avg $ Per SqFt: | $175.01 |
| Min Sale Price: | $9,800 |
| Max Sale Price: | $2,250,000 |
| Med Sale Price: | $320,000 |
| Jul 2020 |
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| Sales: | 58 |
| Avg $ Per SqFt: | $167.97 |
| Min Sale Price: | $14,000 |
| Max Sale Price: | $980,000 |
| Med Sale Price: | $302,500 |
| Jun 2020 |
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| Sales: | 28 |
| Avg $ Per SqFt: | $160.53 |
| Min Sale Price: | $8,000 |
| Max Sale Price: | $554,000 |
| Med Sale Price: | $301,875 |
| May 2020 |
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| Sales: | 51 |
| Avg $ Per SqFt: | $155 |
| Min Sale Price: | $4,000 |
| Max Sale Price: | $530,000 |
| Med Sale Price: | $309,900 |
| Apr 2020 |
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| Sales: | 42 |
| Avg $ Per SqFt: | $152.21 |
| Min Sale Price: | $9,250 |
| Max Sale Price: | $595,000 |
| Med Sale Price: | $279,000 |
| Mar 2020 |
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| Sales: | 72 |
| Avg $ Per SqFt: | $150.81 |
| Min Sale Price: | $13,000 |
| Max Sale Price: | $490,000 |
| Med Sale Price: | $265,000 |
| Feb 2020 |
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| Sales: | 54 |
| Avg $ Per SqFt: | $145.85 |
| Min Sale Price: | $22,000 |
| Max Sale Price: | $715,000 |
| Med Sale Price: | $296,700 |
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