ProForma CAP Rate of 7.47%. The ProForma CAP Rate will be realized by brining rents to current market rates. The property currently has below market rents and an offering actual CAP rate of 6.76%. Seller willing to carry with a 30% down payment! This Five (5) Unit Multi-Family Apartment is located at 45420 Park Street, Indio, CA 92201 and is composed currently of 5,500 square feet. The Apartments are composed of five (5) Two Bedroom One Bathroom Units at approximately 1,100 square feet each. The property is located on 0.180 acres of land and was built in 1980. Located 3 miles from Direct Access to the I-10 Freeway, Indio is easily connected to the major traffic areas, with an easy access for visitors and residents. Located 24 miles (35 minutes) from Downtown Palm Springs, 3 miles (7 minutes) from Indio and The Coachella Valley, 2 major touristic areas, proposing a multitude of cultural activities such as The Palm Springs International Film Festival, the Modernism week, the Coachella Music Festival and the Stage Coach Music Festival. The buildings currently operates at 100% occupancy.