Apartments For Sale • 1,200 SF
ProForma CAP Rate of 12.45%. The ProForma CAP Rate will be realized by bringing rents to current market rates and by building planned SFR. |
ProForma GRM of 4.67 with a current GRM of 9.17 / Property possesses an attractive unit mix consisting of Two (2) One-Bedroom / One-Bathroom Units. |
Seller has site plans to rebuild a two- bedroom SFR at the rear of the property. / The property is 100% occupied with long term tenants. |
Just 25 miles from The Coachella Valley History Museum, College of the Desert, Riverside County Fairgrounds, & Many Major Retailers. |
Property is located within minutes from Direct Access to the I-10 Freeway. |
Desert Hot Springs is easily connected to the major traffic areas, with an easy access for visitors and residents. |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Palm Springs Amtrak (Sunset Limited - Amtrak, Texas Eagle - Amtrak) | 14 min | - | 7.5 mi |
Airport | Drive | Walk | Distance |
Palm Springs International | 18 min | - | 9.6 mi |