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350 E Palm Canyon Drive - El Moro Villa Apartments, Palm Springs, CA

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350 E Palm Canyon Drive - El Moro Villa Apartments

Palm Springs, CA 92264-8846 - Taquitz Canyon River Estates MF Submarket


Property Type:Multi-Family Number of Units:29 Status:Existing Year Built:1965
Stories:1 Building Size:11,332 SF Land Area:1.4 AC (60,984 SF)
For Sale Price:$4,750,000 Price/Unit:$163,793.10 Cap Rate:4.00 % GRM:-

Parking:1 Parking Spaces / 1,000 SF




Property Description: Multi Family - 29 Units




Sale Notes:
Office building attached to unit #17. Large retail / restaurant space used only as storage and not income producing. Estimated CAP Rate currently @4.1% but endless opportunities to achieve higher NOI. Financials available only upon request from qualified buyers with confidentiality agreement. Year built estimated. Sales includes all furniture, fixtures and equipment. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property.

McLean Company Rentals
Michael McLean
(760) 668-6453




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