16395 Village
Property Overview
Excellent eight-unit multifamily investment opportunity located at 16395 Village Drive in Victorville, CA. Offered at $1,300,000 ($162,500 per unit), the property features an attractive 7.07% current CAP rate with upside to a 7.39% pro forma CAP rate. Built in 1985, the property consists of two residential buildings totaling approximately 5,460 rentable square feet on a 0.47-acre lot. The desirable unit mix consists entirely of eight 2-bedroom/1-bathroom units, each averaging approximately 675 square feet. The property generates $144,000 in annual scheduled rental income, with potential to increase to $148,800 at projected market rents. Additional features include onsite parking, covered carports, air conditioning, and stucco construction. Conveniently located near Interstate 15, Southern California Logistics Airport, shopping, dining, and major employment centers throughout the Victor Valley. An attractive opportunity to acquire an established income-producing multifamily asset with strong in-place cash flow, rental upside, and long-term investment potential.
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1985
- Lot size
- 20,340 sq ft
- Stories
- 2
- Days on market
- 0
- MLS status
- Active
Features & Amenities
Pool
- None
Lot
- Yard
Community, Schools & Utilities
Utilities
- Water
- Public
- Sewer
- SepticTank
Location & Neighborhood
Frequently Asked Questions About 16395 Village
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
Get More Info
Crown Coastal Support Team
Direct support from our real estate team
Enquiry form loads as you reach this section.
Listing Agent


