CA > Indio
Indio, CA 92201,82451 John Nobles AVE
Indio, CA 92201,82451 John Nobles AVE
Indio, CA 92201,82451 John Nobles AVE
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Diego Magdaleno

Diego Magdaleno

1Vision Real Estate

+1(714) 681-1222
$6,595,000
Est. payment /mo
25,200 SqFt
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UPDATED:

10/11/2024 11:27 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 25,200 sqft

Price per Sqft $261

MLS Listing ID IV24170406

HOA Y/N No

Year Built 1980

Lot Size 1.280 Acres

Acres 1.28

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.

Location

State CA

County Riverside

Area 699 - Not Defined

Zoning R3

Rooms

Ensuite Laundry Washer Hookup

Interior

Laundry Location Washer Hookup

Heating None

Fireplace No

Laundry Washer Hookup

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 614120002

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by ALBERT LE • LE INVESTMENT GROUP • 909-256-7889
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