82451 John Nobles Avenue

Indio, CA 92201

  • 0 Bed(s)
  • 0 Bath(s)
  • 25,200 Sqft
  • 55757
    Sqft(Lot)
$6,800,000

Description

The property possesses an extremely attractive unit mix of large two story townhouse style units. the property is composed of sixteen (16) large three bedroom units, and (8) oversized four-bedroom units. proforma cap rate of 6.48%. proforma cap rate is based on rental increase year 2. offering actual cap rate of 5.74%. proforma grm of 10.29 with a current grm of 11.24 property being offered at a below market cost per square footage. comparable sold properties in the submarket areas are currently being trading at $325.81/sf. subject property is priced below replacement costs. the buildings currently operates at 100% occupancy. indio is a city in riverside county, california, united states, located in the coachella valley of southern california's colorado desert region.

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    Residential Income

  • AD ID

    46670321

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Heating Source

    • None
    • Has Heating

  • Building Information

    • Year Built: 1980
    • Building Area Total: 25,200

    Pool Features

    • None

    Laundry Features

    • Washer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 1.28
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 55757

  • Listing Price Information

    • Original List Price: 6,800,000
    • Listing Contract Date: 2024-07-19

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 614120002

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 699 - Not Defined
    • Directions: Please refer to maps.
    • Zoning: R3
    • Source Property Type: Residential Income
    • Area: 699 - Not Defined
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 44
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 09/16/2024 @ 16:01

  • MLS: IV24170406
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 25,200 sqft, 55,757 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Indio , in zip code 92201, this Riverside County Home are nearby neighborhoods.