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39950 Bird Lane, Rancho Mirage, CA

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39950 Bird Lane

Rancho Mirage, CA 92270-3039 - Outlying Palm Springs MF Submarket

Property Type:Multi-Family Number of Units:11 Status:Existing Year Built:1989
Stories:2 Building Size:13,000 SF Land Area:.3 AC (12,998 SF)
For Sale Price:$1,449,500 Price/Unit:$131,772.73 Cap Rate:4.75 % GRM:-

Parking:.64 Parking Spaces / 1,000 SF

Eleven unit apartment building with views situated above Hwy 111 at the end of a Cul de Sac. Great unit mix of four - 1 bedroom,five - 2 bedroom , and two - 3 bedroom apartments. All apartments are large from 800 to 1,600 square feet in size. Three units have private balconies. Pool in courtyard. Vacant lot which sits in front of building to be sold along with the building for $179,000 and is approx. 12,000 square feet. Please contact Listing agent fo showings. PLEASE DO NOT GO ON PROPERTY AS TENANTS ARE UNAWARE THAT PROPERTY IS FOR SALE.

Please contact listing agent for more information.
Located off of Hwy 111 and Peterson Road behind the Valero Gas Station. Go south on peterson to Thunder Road and then Peterson Rd. turns into Bird Lane. Go up Bird Lane until it dead ends and the building is on the left hand side of street.

Sale Notes:
Great mix of 3,2 and 1 bedroom units this two story complex is located on a quiet cul de sac in Rancho Mirage, surrounded by similar units and desert views
This sale includes the extra 13,000 SQ FT lot to the north for expansion, or two additional units.
Just off of HWY 111 for easy access to Palm Springs or La Quinta. Quiet area with like apartment complexes intermixed with vacant land, nicely landscaped with a pool being the focal point of the complex.

Bennion Deville Homes - Commercial
Bert Garland
(760) 773-3958

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