82451 John Nobles Avenue, Indio, CA 92201
-
Listed Price :
$6,800,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1980
Property 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.
Interior Features
| Laundry Information |
| Location(s) |
Washer Hookup |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
82451 John Nobles Avenue |
| City |
Indio |
| State |
CA |
| Zip |
92201 |
| County |
Riverside |
| Listing Agent |
ALBERT LE DRE #01468313 |
| Courtesy Of |
LE INVESTMENT GROUP |
| List Price |
$6,800,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
55,757 |
| Year Built |
1980 |
Listing information courtesy of: ALBERT LE, LE INVESTMENT GROUP. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 22nd, 2024 at 5:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
