Listed by Le Investment Group
$5,695,000
82451 John Nobles
Details
APN 614120002
Property Type Multifamily
Sub Type Apartment Building
Units 24
Cap Rate 7.13%
Buildings 4
Stories 2
Acreage 1.280
Zoning Public Rec
Multifamily | 7.13% CAP | 24 Units
Marketing description
TRUE +7% CAP - John Nobles Townhomes - Multi-Family - Current CAP Rate of 7.13%, ProForma CAP Rate of 7.74%. All units have been fully renovated & re-tenanted at market-rate rents across the property. / All Two-Story Townhouse Style Units - Unparalleled unit mix of (16) 3 Bed 1.5 Bath townhomes & (8) 4 Bed 2 Bath townhomes. / Over $1,000,000 in recent capital improvements, including all new roofing, HVAC unit replacements, full interior and exterior renovations. The John Nobles Apartments, a freshly renovated 24-unit apartment complex located in sunny Indio, CA. Built in 1980, the apartments are located on a 1.280 acre lot. The two buildings are composed of Sixteen (16) Three-Bedroom units & Eight (8) Four-Bedroom units, all featuring a spacious & comfortable 2-story townhome design. Amenities include onsite parking, essential appliances in each unit & private vinyl-fenced backyards.
Listing Contacts
Listed by Le Investment Group
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