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Key Details
Sold Price $2,650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Demuth Park
MLS Listing ID 19445960PS
Year Built 1970
Lot Size 0.703 Acres
Property Description
Exceptional resort style 15 unit apartment complex now available. Excellent investment opportunity with significant upside. A total living space of 13,535 SQFT. The compound comprises of 2 two-story buildings with a single level casita building in the center. A private setting with gated entrances, large pool area, and covered carport parking. Lush and green with mature landscaping and towering palm trees provide an inviting and oasis-like atmosphere. The property is fully leased with 15 long term quality leases. This apartment complex offers a stable income and value-add opportunity to capitalize on one of the most robust real estate markets in the country. Professionally managed.
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Interior
Cooling Heat Pump, Wall/Window Unit(s), Zoned
Exterior
Parking Features Detached Carport
View Y/N No
Building
Story 2
New Construction No
Others
Special Listing Condition Standard
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Bought with Sasha Tsarevsky • ATT Capital Group Corp.
