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16940 State Highway 14

Mojave, CA 93501
  • $2,000,000
  • STATUS: Closed
  • ON SITE: 378 Days
  • ID#: DW21203415
Sold - 09/26/2022
$2,000,000
SOLD - 09/26/2022
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1990
County:

School Ratings & Info

Listing Agent(s): Fernando Spindola of Platinum Real Estate (562-698-4663)


Description

8.24% CAP Rate - Huge opportunity to buy this cash flow property in the booming city of Mojave, California. Calculated with a 5% vacancy factor. CAM dues on property. The net operating income is calculated at: $181,148.63 per year. Yearly gross scheduled income is about: $208,401.36. 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.

Sold by Paul Baccino of Johnhart Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T12:31:18.127. 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 Murphy Real Estate Team | Pabalyn Properties. Licensed in the State of California, USA.
www.murphyhousing.com/homes/121434587
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16940 State Highway 14 Mojave, CA 93501

  • Price: $2,199,000
  • Status: Closed
  • On Site: 378 Days
  • Updated: 43 min ago
  • ID#: DW21203415
0
Beds
0
Baths
0
½ Baths
0.69
Acres
1990
Built
Neighborhood:
MOJV - Mojave
County:
Kern
Area:
MOJV - Mojave
Property Description
8.24% CAP Rate - Huge opportunity to buy this cash flow property in the booming city of Mojave, California. Calculated with a 5% vacancy factor. CAM dues on property. The net operating income is calculated at: $181,148.63 per year. Yearly gross scheduled income is about: $208,401.36. 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 Sign On Property YN No

Property Features

Additional Parcels YN No Buyer Financing Seller Financing Common Interest None Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Property Sub Type Retail Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T12:31:18.127. 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 Murphy Real Estate Team | Pabalyn Properties. Licensed in the State of California, USA.
 
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Murphy Real Estate Team | Pabalyn Properties
300 Carlsbad Village Dr.
Carlsbad CA, 92008
Listing Agent(s): Fernando Spindola of Platinum Real Estate (562-698-4663)