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12131978
12131979

43965 Towne St, Indio, CA 92201

AG
CA CA 01735647
BPO Homes Inc
Listed by BPO Homes Inc
$1,900,000
1037 days on market
Updated 68 days ago

9 Unit Apartment Complex, Indio CA

Details
APN 610-211-017
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,336
Units 9
Cap Rate 5.39%
NOI $102,412
Pro-Forma Cap Rate 6.1%
Pro-Forma NOI $115,980
Price per SqFt $300
Broker Co-Op Yes
Year Built 1986
Buildings 2
Stories 1
Lot Size (SqFt) 22.651
Zoning R3
Investment Type Owner/User
Ground Lease No

Exceptional 9-unit apartment complex is a gateway to lucrative returns and steady cash flow.

Marketing description

Welcome to your prime investment opportunity in Indio, CA! This exceptional 9-unit apartment complex is a gateway to lucrative returns and steady cash flow. Strategically located in a rapidly growing area, it promises strong rental demand and potential for long-term appreciation. Indio's thriving economy, vibrant culture, and year-round sunny weather make it a sought-after destination for both residents and investors alike. Plus, the proximity to popular attractions like Coachella Valley Music and Arts Festival and Joshua Tree National Park adds to its appeal. Whether you're an experienced investor seeking to expand your portfolio or a first-time buyer looking for an ideal income-generating asset, this 9-unit apartment complex in Indio is the perfect choice. Don't miss out on this golden opportunity to secure your financial future!

Listing Contacts

AG
CA CA 01735647
BPO Homes Inc
Listed by BPO Homes Inc

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,412.00
$8,534.33/mo

Valuation Metrics

0
DSCR
5.39%
Cap Rate
5.39%
ROI

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Additional Information

Name
Angela Gibbons
License
CA 01735647
Brokerage
BPO Homes
Brokerage Phone
760-880-8568
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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