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


Property Type: Multi-Family
Property Use: Rental or Investment
Listing ID: ZG8SPJ
MLS ID: 509126
Style: Other Style
Building Size: 2,295 SF
Available Date: Jan 24th, 2019
Area Demographics