125 S Lumill St, Ridgecrest, CA 93555

125 S Lumill - Triplex for sale. Three units, one parcel, $250,000. At $2,363 in monthly scheduled rent ($28,356 annually) this triplex carries an 8.82 gross rent multiplier and roughly a 6.5% cap rate at in-place rents, the strongest income ratio in the current four-property offering. At about $83,000 per unit, the entry price puts three doors within reach of cash buyers, retirement account purchasers, and single-family rental owners looking to diversify into small multifamily. The property is currently under professional management, with rent roll and expense detail available on request. Ridgecrest rental demand is anchored by China Lake NAWS and the surrounding employment base, with multifamily inventory under half a month of supply and a 99.5% list-to-sale ratio over the trailing twelve months. Suited to 1031 exchange buyers and investors adding scale in a market with limited available inventory. Available on its own or as part of a four-property, twelve-unit package. Buyer to verify all income, expense, square footage, and unit count information.