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    16940 State Highway 14

    Mojave, CA 93501
    • $1,999,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: DW20227401
    UPDATED: 162 min ago
    $1,999,000
    • 0
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,000
      SQFT
    • $167
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1990
    County:

    School Ratings & Info

    Description

    8.45% CAP Rate - Huge opportunity to buy this cash flow property in the booming city of Mojave, California. All calculations below are based on a 5% vacancy factor and a 10% expense factor. The net operating income is calculated at: $168,918.38 per year. Yearly gross scheduled income is about: $197,565.36. All Tenant information is private and will be given when an NDA is signed. There is a Tesla charging station in the parking lot. Great and strong looking structure. As you can see this is a great investment opportunity and a great location overall. Property looks in good working condition and seller is ready to sell to move on. Let's put a deal together.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T00:25:45.907. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/111440211
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    16940 State Highway 14 Mojave, CA 93501

    • Price: $1,999,000
    • Status: Active
    • Updated: 162 min ago
    • ID#: DW20227401
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    Acres
    12,000
    SQFT
    $167
    $/SQFT
    1990
    Built
    Neighborhood:
    MOJV - Mojave
    County:
    Kern
    Area:
    MOJV - Mojave
    Property Description
    8.45% CAP Rate - Huge opportunity to buy this cash flow property in the booming city of Mojave, California. All calculations below are based on a 5% vacancy factor and a 10% expense factor. The net operating income is calculated at: $168,918.38 per year. Yearly gross scheduled income is about: $197,565.36. All Tenant information is private and will be given when an NDA is signed. There is a Tesla charging station in the parking lot. Great and strong looking structure. As you can see this is a great investment opportunity and a great location overall. Property looks in good working condition and seller is ready to sell to move on. Let's put a deal together.
    Exterior Features

    Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 8.45 Country Us Effective Gross 187687 Gross Scheduled Income 197565.00 Land Lease YN No Land Use Retail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 168918.00 Operating Expense 18768.00 Property Sub Type Retail Special Listing Conditions Standard Vacancy Allowance 9878 Vacancy Allowance Rate 5.00 Water Source Public

    Listing provided courtesy of Fernando Spindola of Excellence Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T00:25:45.907. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731