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27160 Vista Road, Helendale, CA 92342

$2,495,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
27160 Vista Road, Helendale, CA 92342View this property at 27160 Vista Road, Helendale, CA 92342
27160 Vista RoadHelendaleCA92342

Property Description

This is a 40 unit property in transition from a Time Share project to apartment or multi condo unit rental. For all intents and purposes 23 of the 40 units are newly conceived as apartments and the units are just now in the process of being offered for long term rentals. Recently, the Timeshare management company was tasked to start renting 18 of the 23 units under long term rental agreements. The remaining 17 unit Timeshare project and its management company are not currently offered for sale. The information provided by the seller herein contains the prorated expenses along with the current and projected rent rolls for 23 the units being offered for sale. The owner will carry with a 1/3 down payment in cash or acceptable tradable equity.
The buyer's cash down payment is the only qualification for the seller carry back first trust deed at 6% interest only, with monthly payments of $8,316.67 all due and payable at 72 months. Financing may be extended through negotiation ?at end of term?. The 23 units offered herein are located in a private resort know as Silver Lakes, which offers a Vacation where you Live' lifestyle, consisting of two lakes totaling 277 acres for boating, fishing, swimming, a 27 hole championship golf course, RV Park, Equestrian Center and a 20,000 square foot Clubhouse with tennis courts pool, gym, library, meeting and event halls, all of which are available to your tenants. Current CAP is 9.18%, Pro Forma CAP is 9.95%

Full Property Details for 27160 Vista Road

General

  • Price: $2,495,000
  • Status: Pending
  • Type: Multi-Family
  • MLS ID: SW16764104
  • Updated: 11/8/2017
  • Added: 436 day(s) ago

Property History

  • 27160 Vista Road, Helendale, CA
  • Increased to $2,495,000 on 4/20/17
  • Reduced to $2,381,500 on 4/17/17
  • Listed at $4,100,000 on 12/15/16

Interior

  • Rooms/Areas: All Bedrooms Down, Main Floor Master Bedroom
  • Interior Features: Ceiling Fan, Unfurnished
  • Appliances: Gas Stove
  • Flooring: Carpet, Tile

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Shared Amenities: Pool, Spa, Sauna, Barbecue, Picnic Area, Playground, Golf, Tennis, Horse Trails, Gym/Exercise Room, Clubhouse, Banquet Facilities, Recreational Multipurpose Room, Meeting Room, Common RV Parking, Dues Paid Monthly
  • Pool Description: Association

Parking

  • Garage Spaces: 4
  • Parking Features: Assigned, Carport
  • Parking: Assigned, Carport

Location

  • Area: HNDL - Helendale
  • County: San Bernardino
  • Development Name: HNDL - Helendale
  • Driving Directions: From National Trails, turn left onto Vista Rd. Property is on your right.

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central Furnace

Utilities

  • Water: Public
  • # Water Meters: 4
  • # Gas Meters: 23
  • # Electric Meters: 23

Structural Information

  • Architectural Style: Modern, Spanish
  • Roof: Flat
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 24,268
  • Year Built: 2007

Unit Information

Unit 1

  • Number of Units: 23
  • Total Bathrooms: 57
  • Bedrooms: 46

Lot Features

  • Property View: Desert, Mountain
  • Lot Size (Sq. Ft.): 41,338.44
  • Lot Size Source: Seller
  • Zoning: RM
  • Lot Description: Corner Lot

Financial Considerations

  • Price Per Sq. Ft.: $102.81

Listed by Landcore Realty, Kristen Maley and Robert Keeran

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Schools

Schools serving 27160 Vista Road

School District:
Helendale Elementary School District, Victor Valley Union High School District
School Name
Grades
Distance
Helendale Elementary School
27274 Peach Tree Ln, Helendale, CA 92342
K-6
0.3 mi
Riverview Middle School
13843 Rivers Edge Rd, Helendale, CA 92342
7-8
1.3 mi
Adelanto High School
13853 Seneca Rd, Victorville, CA 92394
9-12
15.8 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 27160 Vista Road

27160 Vista Road, Helendale, CA 92342 (MLS# SW16764104) is a Multi-Family property with 23 units containing 0 bedrooms and 0 full bathrooms. 27160 Vista Road is currently listed for $2,495,000 and was received on December 15, 2016. Want to learn more about 27160 Vista Road? Do you have questions about finding other Multi-Family real estate for sale in Helendale? You can browse all Helendale real estate or contact a Coldwell Banker agent to request more information.

Listed by Landcore Realty, Kristen Maley and Robert Keeran