Listed by RE/MAX Nexus
$2,895,000
68980 Via Eytel
Details
APN 680411032
Property Type Multifamily
Sub Type Apartment Building
Units 5
Cap Rate 3.20%
Buildings 5
Acreage 0.640
Zoning Assessor
Multifamily | 3.20% CAP | 5 Units
Marketing description
Five Modern 4 Years New Detached Single Family Homes in Cathedral City - Exceptional Opportunity Zone Investment Rare opportunity to own five detached two-story homes, all built just four years ago, in one of Cathedral City's most desirable residential communities. Located within a Qualified Opportunity Zone, this property may offer significant federal tax advantages, including the potential to eliminate federal capital gains tax on appreciation if ownership and all IRS Qualified Opportunity Zone requirements are satisfied. (Buyers should consult their tax advisor regarding eligibility and tax benefits.) Designed with true pride of ownership, this modern multifamily development offers an exceptional resort-style living experience. Residents enjoy a sparkling community swimming pool, while each home features its own attached two-car garage, front yard, and fenced backyard, all situated along a private cul-de-sac drive for added privacy and appeal. Ideally located just off Date Palm Drive, the property is within walking distance of shopping, restaurants, banking, entertainment and the nearby Agua Caliente casino. Residents also enjoy everything that makes Cathedral City living so desirable, including year-round sunshine, beautiful mountain views, convenient access to Palm Springs and the entire Coachella Valley, championship golf, hiking, festivals, and an outstanding desert lifestyle. This is a rare opportunity to acquire a newer, low-maintenance investment property that combines strong rental appeal, modern construction, and a prime Cathedral City location with potential lo
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Listed by RE/MAX Nexus
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