8 Unit Multi-Family Investment for Sale

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30163079
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 8 Units
Building Size (RSF): 5,256 SF
Gross Building Area: See Agent
Sale Price: $1,250,000
Unit Price: $156,250 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/2/2017

Overview / Comments

Approx. 5,256 ± Sq Ft

Well maintained (8) unit multi-family property in the Heart of Palm Desert.
It consist of (4) duplexes with five (1) bedroom, 1 bath units and three (2) bedroom, 1 bath units. 100% occupied with quality tenants. Property sits on 20,010 SF (0.46 Ac) lot with on-site laundromat. Prime Palm Desert location, close to McCallum Theatre, College of the Desert and major retail centers.

100% Tenant Occupied

THIS IS A MUST SEE INVESTMENT OPPORTUNITY!

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 627-141-010
Zoning: R-2
Year Built: 1988
Total Parking Spaces: 8

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,760 45,295 97,242
Median Age: 43.82 54.24 51.12
Households: 7,307 22,259 45,631

Contact

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