82451 John Nobles Avenue, Indio, CA 92201

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Photo 15 Photo 16 Photo 17 Photo 18 Photo 19 Photo 20 Photo 21 Photo 22 Photo 23

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 6.40%. ProForma CAP Rate is based on rental increase Year 2. Offering actual CAP rate of 6.00%. ProForma GRM of 9.97 with a current GRM of 10.44 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 $6,595,000
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 Oct 11th, 2024 at 11:27 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.