Multi-Family - Palm Desert, CA
Price reduced! Mid-Century Modern 5-Unit Property. Amazing Location in a highly sought after area! Located one block south of El Paseo, the Rodeo Drive of Palm Desert and directly behind The Gardens on El Paseo Shopping Center. This is a rare investment and income property opportunity. New hotel nearby under construction, to open in October 2017. Local shops, galleries,restaurants and store employees always looking for a good place to rent and easy walking distance to work equal low vacancies and good rent income. The property is ready for some upgrades and healthy rent growth. Possible condo units a possibility too. Five units, consist of 1-2bd/2ba unit, 1-1/bed+den/1ba unit, 2-1bd/1ba units and 1-0bd/1ba studio unit. Condo conversion, vacation rental, rehab? Please inquire for Income, Expenses, Rent Roll and Projected Rents. Rents are below market value.
Would you like more information regarding this property?
Please call (760) 776-9898.
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