Active

82451 John Nobles AVE

INDIO CA, 92201

$6,800,000


$269.84 per sqft

Active

7 Beds

4 Baths

25,200 sqft

Multi-family

Built in 1980

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.

IV24170406MR

MLS ID

July 19, 2024

Listed

October 2, 2024

Updated

Map

82451 John Nobles AVE
INDIO CA, 92201

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

4


Laundry Description

Washer Hookup


Fireplace

No


Cooling

No


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

1.28 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Indio South of East Valley


Days on Market

1


Garage

No


Parking Total

0


View

No


County

Riverside


Water Source

Public


Pool

No


Pool Features

None


Zoning

R3

Listed by ALBERT LE with LE INVESTMENT GROUP
Listing Contact: 909-256-7889 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Sheri Davis | CA DRE# 01016136 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/2/2024

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