Apartment Buildings /CA /Riverside County /Desert Hot Springs /13405 Ocotillo Rd
Apartment Buildings /CA /Riverside County /Desert Hot Springs /13405 Ocotillo Rd

13405 Ocotillo Rd - Apartments FOR SALE


Desert Hot Springs, CA 92240 | 
$1,600,000 USD
951-501-6567
13405 Ocotillo Rd, Desert Hot Springs, CA for Sale
$1,600,000 USD
Apartments - FOR SALE
1/6
null | 5.81% Cap Rate
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13405 Ocotillo Rd
Desert Hot Springs, CA 92240

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HIGHLIGHTS

  • All 2 Bedroom 1 Bath Apartments
  • Washer Dryer Connections and Dishwashers in each apartment
  • Built 1987 with nice floor plan
  • Central Air
  • Tile Roof
  • 8 Garages, with new additional Assigned Parking being added for a fee

OVERVIEW

Value Add Recent Turnover with good paying residents Room for Improvement in rents after rehab and a couple turnovers Section 8 Allows up to $2101 for 2 bedrooms in Riverside County No Local Rent Control Asking $1,600,000

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$215 USD /SF

# OF UNITS

8

PRICE/UNIT

$200,000

CAP RATE

5.81%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Patio Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,427 SF

ZONING

R-2,Desert Hot Sprng

APN/PARCEL ID

641-271-010

ASK ABOUT THIS PROPERTY

Robyn WonnellSoCal Apartment Brokers, Inc and KW CommercialMore Info
951-501-6567

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Robyn WonnellSoCal Apartment Brokers, Inc and KW CommercialMore Info
951-501-6567

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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