Average square foot calculated using Size range provided by listing agent.
Description
This is a beautiful 4Plex located just off Highway 111, on the border of La Quinta, in Indio. This Offering consists of four 2 bedrooms, 2 baths. These units are large! Please note assessors square says this complex is 4, 058 square feet! That's over 1, 000 square feet per unit! Units are separately metered and tenants sign up and pay for electric and gas. Landlord pays water. All units are central heat and cooled. This complex is has been upgraded inside and out. The units have crown molding, granite counter tops in kitchens/bathrooms, ceiling fans, & double pane windows. Further, the landscaping is drought resistant and takes no water to maintain. Check out the pictures!! This complex really performs! At actual rents are near market, they for month to month and can be raised to market. At market rents, we're putting out: 10.45 Gross Rent Multiplier 8.33% Cap Rate 12.86% Cash on Cash PLEASE SEE MARKETING PACKAGE FOR RENT ROLL AND DETAILS. INSTRUCTIONS FOR MAKING OFFERS We make it easy for you. For Offers, you can simply email me, an email me on what you with to pay, and we will get back to you promptly. We already have 1031 plans for this property, and wish to move quickly. That's why we have priced this for a quick sale. However, whatever you wish to offer, please don't hesitate. Simply email me ([email protected]) a narrative of your price and we will take ANY offer seriously and be back with you shortly. Thank you.Show Description
MLS® NumberSW25216674
Laundry LevelWasher Hookup, Gas Dryer Hookup, Laundry Closet
Central VacNo
FireplaceNo
Acreage0.22
Exterior
GarageNo
Approx. Age1963
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing