CA > Indio
Indio, CA 92201,82451 John Nobles AVE
Indio, CA 92201,82451 John Nobles AVE
Indio, CA 92201,82451 John Nobles AVE
Indio, CA 92201,82451 John Nobles AVE
Indio, CA 92201,82451 John Nobles AVE
Indio, CA 92201,82451 John Nobles AVE
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Realty One Group Success

Realty One Group Success

+1(661) 644-4969
$ 6,595,000
Est. payment | /mo

1.28 Acres Lot

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$ 6,595,000
Est. payment | /mo
Save

1.28 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV24170406

HOA Y/N No

Year Built 1980

Lot Size 1.280 Acres

Property Description

The property possesses an extremely attractive unit mix of large two story townhouse style units. The Property is composed of Sixteen (16) Large Three Bedroom units, and (8) Oversized Four-Bedroom units. ProForma CAP Rate of 6.40%. ProForma CAP Rate is based on rental increase Year 2. Offering actual CAP rate of 6.00%. ProForma GRM of 9.97 with a current GRM of 10.44 Property being offered at a below market cost per square footage. Comparable sold properties in the Submarket areas are currently being trading at $325.81/SF. Subject property is priced below replacement costs. The buildings currently operates at 100% occupancy. Indio is a city in Riverside County, California, United States, located in the Coachella Valley of Southern California's Colorado Desert region.

Location

State CA

County Riverside

Area 699 - Not Defined

Zoning R3

Interior

Heating None

Fireplace No

Laundry Washer Hookup

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 614120002

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by ALBERT LE • LE INVESTMENT GROUP • 909-256-7889
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 644-4969

patrick@rogsuccess.com

24251 Town Center Dr Suite 201, Valencia, California, 91355, United States

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82451 John Nobles AVE