80876 80876 US Highway 111 - Multi-Family FOR SALE


Indio, CA 92201
$1,129,000 USD
951-375-7433
80876 80876 US Highway 111, Indio, CA for Sale
$1,129,000 USD
Multi-Family - FOR SALE
1/35
null | 8.33% Cap Rate

80876 80876 US Highway 111
Indio, CA 92201


HIGHLIGHTS

  • BEAUTIFUL 4PLEX, UPGRADED INSIDE AND OUT
  • WATER FREE GEORGEOUS LANDSCAPED
  • 10.45 GROSS RENT MULTIPLIER, 8.33% CAP RATE, 12.86% CASH ON CASH
  • WE RESPOND TO ALL OFFERS! IT ONLY TAKE MINUTES TO SEND YOUR OFFER IN A SIMPLE EMAIL LETTER OF INTENT!! WE RESPOND QUICKLY!! WE HAVE 1031 PLANS!

OVERVIEW

This is a beautiful 4Plex located just off Highway 111, on the border of La Quinta, in Indio. This Offering consists of four 2 bedrooms, 2 baths. These units are large! Please note assessors square says this complex is 4,058 square feet! That's over 1,000 square feet per unit! Units are separately metered and tenants sign up and pay for electric and gas. Landlord pays water. All units are central heat and cooled. This complex is has been upgraded inside and out. The units have crown molding, granite counter tops in kitchens/bathrooms, ceiling fans, & double pane windows. Further, the landscaping is drought resistant and takes no water to maintain. Check out the pictures!! This complex really performs! At actual rents are near market, they for month to month and can be raised to market. At market rents, we're putting out: 10.45 Gross Rent Multiplier 8.33% Cap Rate 12.86% Cash on Cash PLEASE SEE MARKETING PACKAGE FOR RENT ROLL AND DETAILS. INSTRUCTIONS FOR MAKING OFFERS We make it easy for you. If you're a direct buyer, We welcome you! Simple reach out and we will get you the best price and handle everything for you, every step of the way! If you're an agent, WE MAKE IT EASY FOR YOU! First, we welcome you to send us ANY formal offer as usual. Second, if you wish to save time, you can simply email me (burtonccim@yahoo.com) the basic price and terms of your proposed offer. Either way, we promise to get back to you quickly. LET'S DO A DEAL! THANK YOU!!

FOR SALE DETAILS

PRICE

$1,129,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

4

PRICE/UNIT

$282,250

CAP RATE

8.33%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BEAUTIFUL 4PLEX, INDIO, 8.33 CAP RATE!!

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

600-200-007

ASK ABOUT THIS PROPERTY

Tony BurtonBurton Apartment RealtorsMore Info
951-375-7433

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Tony BurtonBurton Apartment RealtorsMore Info
951-375-7433

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