Active
82451 John Nobles AVE
INDIO CA, 92201
$6,595,000
$261.71 per sqft
Active
7 Beds
4 Baths
25,200 sqft
Multi-family
Built in 1980
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.
IV24170406MR
MLSⓇ ID
July 19, 2024
Listed
October 12, 2024
Updated
Map
82451 John Nobles AVE
INDIO CA, 92201
Interior Features
Total Stories
2
Bedrooms
7
Total Bathrooms
4
Laundry Description
Washer Hookup
Fireplace
No
Cooling
No
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
1.28 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Indio South of East Valley
Days on Market
56
Garage
No
Parking Total
0
View
No
County
Riverside
Water Source
Public
Pool
No
Pool Features
None
Zoning
R3
Listing History
Date | Event | Price |
|---|---|---|
10/11/2024 | Price change | $6,595,000 -4% |
Listed by ALBERT LE with LE INVESTMENT GROUP
Listing Contact: 909-256-7889
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Marco Colantonio | CA DRE# 02090885 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 10/12/2024
